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Real Estate Trends
 
 Market determination is based on supply and demand for homes. The different types of markets are listed below.


• Slow (Buyer’s) Market – There is more than a 6-month supply of homes for sale. The buyer is in a better negotiating position.


• Hot (Seller’s) Market – There is less than a 3-month supply of homes for sale. The seller is in a better negotiating position.


• Neutral Market – There is a 3-6 month supply of homes for sale. Neither buyers or sellers have a negotiating advantage.


• The type of market (buyer’s, seller’s or neutral) is determined by the number of month’s supply of homes. This is calculated by dividing the # of homes for sale by the # of homes that are sold.


To determine the market in your specific community, please contact us 415-408-4040.