Definition
Market conditions in which demand exceeds supply, favoring sellers on price and terms.
Example
With 1.8 months of supply, the market strongly favored sellers.
Related terms
Frequently asked questions
What does Seller's Market mean in real estate?
Market conditions in which demand exceeds supply, favoring sellers on price and terms.
How is Seller's Market used in practice?
With 1.8 months of supply, the market strongly favored sellers.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.