Of All of the Market Reports SUPPLY & DEMAND Tells the Best Story

By
Real Estate Agent with Florida Supreme Realty SL514814

Supply and demand easily shows where you've been and may offer some clarity to where Real Estate is moving. The information here is specific to Port Royal with quarterly statistics for the past three years. The trends are evident of positive movement toward a relatively balanced market in consideration of the small sampling whichPort Royal typically offers.

 

I'll let the chart and its data speak for themselves!

 

My only comment would be that 77 Homes for Sale in Port Royal could be approaching a new record if not the highest number I've seen here in a long time. It's going to be Okay!

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Comments (6)

William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I am not much on the market reports. Give me supply and demand

Jun 10, 2018 08:25 PM
Kevin J. May

No argument here William, however, most of my customers cannot get enough statistics, therefore, I'll deliver whenever and wherever.

Jun 11, 2018 09:21 AM
Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in Southern RI and beyond

Kevin, well stated in the Port Royal FL area and move in ready & rightly priced homes make all the difference!

Jun 11, 2018 03:53 AM
Kevin J. May

The Median Sold Price this past quarter was $9,500,000, although that encompassed only 9 homes and for the most part Buyers leave closing with keys in hand to a fully furnished residence. It does make a difference Ginny! 

Jun 11, 2018 09:34 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Kevin. Port Royal is a true niche where supply and demand stands the test of time. Enjoy your day!

Jun 11, 2018 05:06 AM
Kevin J. May

It's unlike any other niche I've worked and remains as one of my favorites Wayne.


 

Jun 11, 2018 09:39 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Supply and Demand is always the best indicator of where a market is at, being that it truly is the market speaking.

Jun 11, 2018 06:36 AM
Kevin J. May

Brian, those seeking a "Market Snapshot" can't go wrong with Supply & Demand.

Jun 11, 2018 09:43 AM
Jim Crawford
Maximum One Executive REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Kevin J. May Thank you for this market presentation, it's most informative.  This is exactly the type of information that buyers and sellers need to make informed decisions. Well done!

Jun 11, 2018 07:28 AM
Kevin J. May

Jim, when combined with the SP/LP information the conditions are brought to a fine focus for many.

Jun 11, 2018 09:52 AM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

Great information Kevin J. May and you are correct...let the data speak for itself! 

Jun 13, 2018 06:40 PM