Seller's Market

Definition

• When market conditions favour the seller. A seller's market can arise from a low level of supply, a high level of demand, or a combination of the two. As it relates to real estate, the occurrence of a seller's market usually means that the seller can expect for their home to sell quickly at or above market value.

Synonyms
easily sold, profitable, seller's advantage

Alternate Spellings
Sellers Market

Related Terms and Acronyms

• Appraised Value — Definition,
  • An educated opinion of how much a property is worth.
• Bear Market — Definition,
  • When stock prices are decreasing, it's a bear market.
• Bull Market — Definition,
  • When stock prices are increasing and it's a healthy market, this is known as a bull market.
• Buyer's Market — Definition,
  • When market conditions favour the buyer.
• Current Market Value (CMV) — Acronym,
  • The estimated price determined by the recent sale of similar properties.
• Fair Market Value (FMV) — Acronym, Very Important,
  • The highest price that a buyer would pay for a property and the lowest price a seller is willing to accept.
• Low Ball Offer — Definition,
  • A way-below-market bid a buyer makes on a property or item.
• Market Conditions — Definition,
  • Factors that affect the sales of homes in an area, such as interest rates, the unemployment rate, home appreciation, weather and time of year.
• Market Value (MV) — Acronym, Important,
  • Also known as "Fair Market Value." The estimated value of a property which a seller could expect to receive under normal conditions.
• Motivated Buyer — Definition,
  • A prospective buyer who has a strong reason to buy, and quickly.
• Motivated Seller — Definition,
  • A home seller who has a strong reason to sell quickly, possibly because of an upcoming relocation or an impending default on a loan.
• Principle of Conformity — Definition,
  • The notion that a house will fetch a fair price if it is situated among houses of similar size, style and condition.
• Principle of Progression — Definition,
  • The notion that a smaller house's value will be enhanced if it is near larger, fancier houses.
• Principle of Regression — Definition,
  • The notion that the value of a larger or fancier house will be reduced if it is near smaller, lower-priced houses.
• Property Value — Definition,
  • The worth of a piece of real estate, based on the price a buyer and seller would negotiate.
• Publicly Traded Company — Definition,
  • A company that is sold on a stock exchange.
• Real Estate (RE) — Acronym, Very Important,
  • A section of land including all the natural resources (above and below the surface) and any permanent buildings or structures located on it. Also known as "realty."
• Resale Value — Definition,
  • The sales price that would be negotiated by a willing seller and buyer for an existing home or property.
• Secondary Market — Definition,
  • A market where financial instruments such as stocks, bonds, options and futures are bought and sold to investors.
• Security — Definition,
  • Property designated as collateral.
  • A document stating ownership of a stock or bond.
  • A tradable financial implement that represents ownership, the rights to ownership or debt.
• Stock — Definition,
  • A share of the ownership of a company.