What Does a Sellers’ Market Really Mean?

What Does a Sellers’ Market Really Mean?

  • Dennis Hartley
  • 04/4/23

Today’s low supply of homes for sale has equaled a sellers’ market for quite a while now. Conditions today are very good for those who wish to sell a house.

Currently there is a 2.6-month supply of home for sale. Historically, a 6-month supply is necessary for a normal market, which means there are enough homes available for active buyers.

What this means for sellers is that it’s harder for buyers to find a home to purchase, and multiple offers yield increased competition among purchasers. When buyers know this, they’re going to do their best to submit a very attractive offer.

Sellers are positioned to negotiate deals that meet their ideal terms. Listing a home right now in good condition and at the right price can maximize exposure to serious, competitive buyers.


Photo by Tom Rumble on Unsplash

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With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.