There were an estimated 48.5% more home sellers than buyers in the U.S. housing market in June. That’s down just slightly from 48.7% the month before and a peak of 50.1% in December.

 

When sellers outnumber buyers, buyers typically have more negotiating power because they have options. That’s why a market with a lot more sellers than buyers is considered a buyer’s market. We define a market where there are over 10% more sellers than buyers as a buyer’s market and a market where there are over 10% fewer sellers than buyers as a seller’s market. A market where the gap is plus or minus 10% is considered a balanced market.