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Seller’s vs. Buyer’s Market: A Seller’s Guide to Decoding Market Conditions

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The number of days on market (DOM), which marks how long a home is on the market before the seller accepts an offer, typically drops. In a balanced market, marketing time typically lasts around six weeks , according to The National Association of Realtors® (NAR). Factors that lead to a seller’s market.

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Seller’s Market 101: Is Your Real Estate Market Hot or Not?

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For example, in Lexington, Kentucky, zoning regulations prevent new building starts with an established boundary line that limits new construction. For example, if there are 1,500 homes for sale and 500 pending sale, the market would have a three-month supply of homes. Source: (Sir Manuel / Unsplash).