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Related to seller's market: buyer's market
seller's marketa MARKET situation in which the demand for a product or financial security is greater than the supply of it at existing PRICES, which leads to the bidding-up of prices to the advantage of sellers. Compare BUYER'S MARKET.
seller's marketa SHORT-RUN market situation in which there is EXCESS DEMAND for goods and services at current prices, which forces prices up to the advantage of the seller. Compare BUYER's MARKET.
A market in which there is very little desirable property for sale and a multitude of buyers attempting to purchase.Sellers can afford to demand low commission rates from agents who are hungry for listings, refuse to negotiate the price, and refuse to allow contract contingencies. Contrast with buyer's market.