Buyer's Market

Definition: A market condition in which available supply is strong relative to demand, generally giving buyers more negotiating choices.

Example

Many comparable homes remain listed while relatively few qualified buyers are actively purchasing.

Keep the distinction clear

A buyer's market does not guarantee a discount on every property. Location, condition, price range, and financing still affect individual negotiations.

Related terms

Seller's Market · Supply · Market Value

Keep studying

CMA vs. Appraisal: What Is the Difference?

References: California DRE: real estate glossary

Pronunciation (US): BY-erz MAR-kit (capitals show stress)

Pronunciation reference: Merriam-Webster