seller's market

A market in which demand is greater than supply, thus creating better conditions for sellers than for buyers. Since I'm buying in a seller's market, I'm really nervous that I won't be able to find a house in my price range.

a ˌseller’s ˈmarket

a situation in which people selling something have an advantage, because there is not a lot of a particular item for sale, and prices can be kept high: We just can’t afford to buy a house at the moment. It’s a seller’s market, and there’s nothing we can do about it. OPPOSITE: a buyer’s market