Understanding the Property Market
The 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.
- +33.33%Demand Supply Ratio
- -5.82%Supply
- +72.69%Demand
Property Market Trends in Sumatera Utara
In March, the number of House listed for sale in Sumatera Utara fell by -5.82% to 5.116 listings compared with February, while the number of prospective buyers increased by +72.69%. The demand-supply ratio stood at +33.33%, indicating demand exceeds supply, which tends to spark competition among buyers.
Property Market Comparison in Sumatera Utara
Results are based on:
Median listing price of properties for sale in Sumatera Utara
Monthly change in the median House price
Featured Homes in Sumatera Utara
Featured Apartments in Sumatera Utara
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