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.
- +16.67%Demand Supply Ratio
- -1.46%Supply
- +14.51%Demand
Property Market Trends in Surabaya
In March, the number of House listed for sale in Surabaya fell by -1.46% to 77.130 listings compared with February, while the number of prospective buyers increased by +14.51%. The demand-supply ratio stood at +16.67%, indicating demand exceeds supply, which tends to spark competition among buyers.
Property Market Comparison in Surabaya
Results are based on:
Median listing price of properties for sale in Surabaya
Monthly change in the median House price
Top Demand & Supply Growth in Surabaya
A list of areas with the most significant demand and supply increases over the past 6 months.
Type Property House
- House in Dukuh Kupang 382.9%
- House in Kupang 323.4%
- House in Semolowaru 319.3%
- House in Waru 136.8%
- House in Sukomanunggal 131.0%
Type Property Apartment
- Apartment in Kedung Baruk 681.8%
- Apartment in Tegalsari 490.9%
- Apartment in Margorejo 130.4%
- Apartment in Mulyorejo 11.6%
- Apartment in Wonocolo 10.9%
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 Surabaya
Featured Apartments in Surabaya
6 Residential Complexes in Surabaya
Bintang Diponggo
Pakis Argosari
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Kris Kencana
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