Seller's market
Meaning in real estate, with examples
In real estate, seller's market means: Market conditions in which there are more buyers than properties for sale, so prices rise and homes often sell quickly, sometimes above the asking price.
In Turkish: satıcı piyasası, satıcı lehine piyasa
How it is used
In a seller's market buyers compete, multiple offers are common and sellers can choose the best terms. Agents may ask for 'best and final offers' when several people want the same home.
Example sentences
In a seller's market like this, good flats are gone within days.
Low supply has created a seller's market in the city centre.
Common collocations
- in a seller's market
- a hot seller's market
- competitive seller's market
Related terms
More terms: Investment & the Market
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