Real estate: A basic guide to the seller's market

by Rudden|Bobruska Team 05/14/2023

Row of homes

Knowing whether you're in a buyer’s market or seller’s market will help greatly when preparing to list your home. With the right preparation, market trends and behavior can work in your advantage.   Here is a basic guide for recognizing the indicators of a seller's market. 

Seller's market defined 

When there are fewer homes for sale in the housing market than the current demand, it creates a seller's market. There are numerous reasons why this sort of market occurs, including an increase in local jobs available, low mortgage interest rates, world events, etc. 

Seller’s markets are typically quick, and homes can move off the market in a matter of days. Potential buyers must act fast and should be prepared to offer more than the asking price. 

Indicators of a seller's market

One key indicator of a seller’s market is the increase of home prices due to lower inventory. This sort of real estate market arises when the demand exceeds supply. In this sort of market, homes do not stay on the market for long.

Home sellers in this market may find they get many offers for their property. Home buyers may find they have to be quick when putting in offers.  

How can a seller benefit from this market? 

By pricing their house fairly and sorting through competing offers to find the best one, seller’s can close quickly and for great profit! However, a seller must be patient during this time and reasonably compare offers to make the best choice for their household. 

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Examine the local data to determine what sort of market you’re in. Even if you’re in a hot market, still take the time to thoroughly inspect and prep your home for sale. Hiring a real estate agent can assist you with understanding these trends. They can also help guide you in the right direction through the selling process and get the best possible price for your home.

About the Author

Rudden|Bobruska Team

Gary Rudden, Lisa Rudden, and Nick Bobruska  


What sets your team apart from other real estate teams?

There is no team out in the market that offers what we do. All of us are Realtors, but

we each have specialized roles, which make our team so unique!

After decades of living and selling real estate in the DMV, we have established

ourselves as one of the top real estate teams with our market expertise and

cutting-edge technology. Our savvy high-tech marketing is on every website

and social media source. We have a huge network with other top agents, which

helps to premarket homes and discover homes for buyers before they reach the

open market. Our services include professional in-house staging services, broker

expertise in negotiating and navigating contracts, and buyer representation in all

price ranges. Each client has different needs and we create a marketing plan based

on those needs.

Our most distinct feature is our in-house construction and renovation team. We

are literally a full-service, one-stop shop when selling or buying a home!

How does the in-house construction and renovation team work?

All work is managed and completed through our licensed and bonded construction

crew. No need to call outside contractors. We are like “HGTV,” but we just don’t

have a show! Whether it’s a small makeover or a major renovation, we do it all. Our

sellers love this aspect of our team because we make preparing your home for the

market so seamless. Our buyers love the advice and insight we can give for future

renovations and repairs.

Having a licensed Maryland Home Improvement contractor as part of our team

along with the knowledge, experience, commitment and services that we offer, truly

puts our team as a vanguard in the real estate industry.