For years, sellers have been in the driver’s seat. With fewer homes available and a flood of eager buyers, competition was fierce. Bidding wars, above-asking offers, and lightning-fast sales became the norm. But now, things are changing. Inventory is creeping up, and the market is shifting in many areas.
So, does that mean buyers finally have a shot at a smoother homebuying experience? Let’s break it down.
What Defines a Buyer’s or Seller’s Market?
It all comes down to supply and demand.
- Seller’s Market: When there are more buyers than homes, sellers hold all the power. Prices rise, bidding wars erupt, and homes sell fast—often above asking price.
- Buyer’s Market: When there are more homes than buyers, buyers get the upper hand. Homes sit longer, prices stabilize, and sellers may offer concessions to close a deal.
The market constantly shifts, and knowing where your area stands can make or break your strategy.
Where the Market Stands Now
While many places are still favoring sellers, the tide is turning in some areas. More inventory means more balance—and in some cities, buyers are finding better opportunities than they’ve seen in years.
As Lance Lambert, Co-Founder of ResiClub, points out:
“Among the nation’s 200 largest metro area housing markets, 41 markets ended January 2025 with more active homes for sale than they had in pre-pandemic January 2019. These are the places where homebuyers will be able to find the most leverage or market balance in 2025.”
This means that in certain locations, buyers are gaining more negotiating power, while sellers may need to adjust expectations. Understanding these trends can help you plan your next move wisely.
Why Working with an Agent Matters
Market shifts don’t mean you have to go it alone. Whether you’re buying in a seller’s market or selling in a buyer’s market, strategy matters. And that’s where a skilled real estate agent comes in.
A great agent knows exactly what’s happening in your local market. They can help buyers navigate competitive situations and assist sellers in standing out when inventory rises. With expert insights, you’ll know how to time your move, craft strong offers, and negotiate like a pro.
Bottom Line
The market is evolving, and balance is returning in some areas—but whether buyers or sellers have the upper hand depends on location. If you’re looking to buy or sell, now’s the time to understand your market and make a smart move.
Want to know where your area stands? Call or text us at 855-935-MORE to get the latest insights.
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