seller's market

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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.
See also: market

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
See also: market
References in periodicals archive ?
The sellers' market in Lane County housing grew even stronger in March, as average home sale prices continued to climb, according to the latest report from the Regional Multiple Listing Service in Portland.
In addition, NAR noted that the sellers' market is transitioning to a buyers' market, which can be healthy for some local economies.