David Welton

408.913.7826

Selecting the Best in Real Estate!

Determining Market Conditions

Determining Market Conditions:

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 conditions in your community please contact me at 408.913.7826 and/or dwelton@apr.com