From NAR
Real estate market conditions shift—sometimes favoring sellers, other times buyers. Knowing the difference helps clients make smarter decisions.
Seller’s Market
When demand outpaces supply, sellers have the advantage.
- Multiple offers
- Homes sell fast
- Prices often go above asking
- Still, good pricing and strong presentation matter.
Buyer’s Market
When supply is greater than demand, buyers hold more power.
- Homes stay on the market longer
- Price cuts are common
- More room for negotiation
- Buyers may get better deals, but they should still move quickly when they find the right home.
Understanding the differences helps clients make confident, informed decisions in any market.
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