Port Royal Homes for Sale Declining. Lot Pricing Stabilizing

11/22/11

 
The inventory in Port Royal is steadily decreasing as the season looms. With under 60 homes for sale on the Multiple Listing Service, what was once a Buyer's market may be shifting. Just over 18 months ago there were over 120 homes for sale in Port Royal, with another 20 plus lots for sale. A quick glimpse at the market now reveals an entirely different picture. We've seen multiple offers on properties, and now Buyer's are having to adjust their expectations. There are some good deals still to be had, but the sales activity in the last 30 days shows this could be the last chance to capitalize on the reduced pricing, especially on lots.


 

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