Offers & NegotiationHomebuying Glossary
Seller's Market
A market with more buyers than available homes, giving sellers the upper hand on price and terms.
In plain English
In a seller's market, low inventory and high demand let sellers command higher prices, shorter contingency periods, and fewer concessions — homes often sell quickly, sometimes above asking price.
Why it matters
In a seller's market, being pre-approved and ready to move quickly matters even more than usual.
Where you'll run into it
Guides and tools on TheBuyingPath that cover seller's market in context.
Related terms
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