Skip to main content

What Does a Seller’s Market Really Mean?

What Does a Seller’s Market Really Mean?


Learn how high demand and low supply influence pricing in a seller’s market and how you can stay competitive to maximize your profits.

Do you know what it means to be in a seller’s market in real estate? Put simply, a seller’s market occurs when the demand for homes exceeds the available supply.

This creates heightened competition among buyers or renters and usually results in increasing home prices. A recent and vivid example of a seller’s market was during the COVID-19 pandemic. Buyers were bidding well above the asking price, competing fiercely to secure properties. This surge in demand combined with limited inventory created the perfect storm for a seller’s market.


“With the right strategy, you can make the most of your property—selling or renting.”


Here’s the main takeaway: neither buyers nor sellers get to decide property values independent of each other. The market always dictates the price of a property, whether you’re selling or renting. It can be tough to hear, but pricing is ultimately determined by what the market will bear.

Have questions? Call me at 803-727-7256 or email me at pierce@tidepm.com. We’d love to hear from you and help you make smarter decisions.

back