Sellers Market

Definition of "Seller's Market"

A Seller’s Market is the opposite of a Buyer’s Market. It’s that moment when conditions of the Real Estate Market are more favorable to Home Sellers than to Home Buyers. A Seller’s Market usually occurs when there are few houses on the market available for sale and a lot of people looking to buy them. It is the dream to every home seller and Listing Agent because it allows them to raise the price of their offerings and be harder on the negotiation. After all, they have a winning hand.

But no Real Estate Market moment lasts forever. As soon as real estate developers notice that particular market has a bigger demand than supply, they will – if possible - start building new properties around it and pretty soon prices will start to rise. So, independently of a Buyer’s Market or a Seller’s Market, you should always be making a rational Market Analysis to understand what horse you should ride in.

Real Estate Secrets:

Determining if it’s a buyer’s market or a seller’s market depends on specificities of time, place and location of the sale, but there are some almost universal trends that determine The Best – and Worst – Times to Buy a Home. Take a look at our blog post to find out the right (and wrong) moment to buy and sell your house according to seasons.

You can also save some time and let an agent do all of that for you. Look for a trustworthy one at The OFFICIAL Real Estate Agent Directory®

Have a question or comment? We're here to help.

Search Real Estate Terms

Popular Real Estate Terms

American Land Title Association (ALTA)

It fosters uniformity and quality in title abstract and insurance policies. ...

Endowment

Funds of property bestowed upon a person or an institution. The income is used to serve a specific purpose for which the endowment was intended. ...

Tie Beam

Concrete or timber beam that serves as a support in the wall structure of a building. Concrete tie beams are often reinforced with steel rods. ...

Affidavit

Written statement or declaration, made under oath before a licensed individual, such as a notary public. ...

Offset Statement

An occupant's expressed interest in property that is being rented. An example is a tenant who rents a house and expresses a desire to buy it after the ...

Equity Yield

Internal rate of return ignoring taxes associated with the capital invested in property. Internal rate of return considers the amount and timing of th ...

Popular Real Estate FAQ

What Are Prepayment Penalties?

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off of the loan in the event that you inherit a small f ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a house on your behalf. ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obligations. ...

If I Want To Buy A House And I Know The Property And The Seller Already Have An Agent, Can I Act As My Own Agent And Negotiate A Lower Fee?

You probably don't have the correct knowledge to represent yourself. The seller pays the real estate commission, not the buyer, and real estate commis ...