Understanding the Real Estate Market

Determining a Buyer’s, Seller’s, or Balanced Market Condition

  • When determining whether the market is in favor of buyers or sellers, the absorption rate and current inventory are reliable indicators.
  • In general, fewer than three months of inventory and more than six months of inventory imply a seller's market and a buyer's market, respectively.
  • A balanced market has an inventory level of three to six months.
  • Because there are few options for buyers in a seller's market, you have the luxury of setting your price a little higher.
  • In a market when there are many options for buyers, it makes sense to price competitively.
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.