Sellers Guide
Market Analysis
How will the market affect my sale?
How much you sell your house for, and how quickly you sell, depends on local market conditions:
| Market | Characteristics | Implications |
|---|---|---|
| Buyer's |
More homes on the market than buyers. Lots of competition from other sellers. | Prices drop. Houses take longer to sell. |
| Seller's |
Lots of buyers. Not that many houses for sale. | Prices increase. Homes sell quickly (just the market you want). |
| Balanced |
The number of homes on the market is equal to the number of sellers. | Homes sell within an acceptable time period. Prices are generally stable. |