Understanding the Property Market
HouseThe property market is shaped by the balance between available listings (Supply) and buyer interest (Demand). When demand outpaces supply, sellers have the upper hand. Conversely, if supply exceeds demand, buyers gain more options and negotiating leverage. The Demand-Supply Ratio (DSR) is a key indicator of market direction and helps both buyers and sellers determine the best strategy.
- +18.75%Demand Supply Ratio
- -0.24%Supply
- +53.49%Demand
Property Market Trends in Palembang
In August, the number of House listed for sale in Palembang fell by -0.24% to 841 listings compared with July, while the number of prospective buyers increased by +53.49%. The demand-supply ratio stood at +18.75%, indicating demand exceeds supply, which tends to spark competition among buyers.
Property Market Comparison in Palembang
Results are based on:
Median listing price of properties for sale in Palembang
Monthly change in the median House price
Top Demand & Supply Growth in Palembang
A list of areas with the most significant demand and supply increases over the past 6 months.
Type Property House
- House in Sako 692.7%
- House in Sukarami 403.8%
- House in Alang Alang Lebar 277.8%
- House in Ilir Timur I 181.0%
- House in Sukarame 95.1%
Disclaimer : Percentages reflect demand and supply growth compared to the last 6 months. A higher value shows stronger market activity in the area.
Featured Homes in Palembang
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2 Residential Complexes in Palembang
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