is a home s market value the same as its selling price 
a home s fair market value is not the same thing as its selling price fair market value is the property s worth as estimated by a real estate professional this estimate is usually based on factors such as the age of the house its condition location and the value of similar homes in that location selling price is what someone is willing to pay for it in a sale which can be higher or lower than the fair market value the bottom linea buyer s market is an environment in which buyers have an advantage over sellers this usually happens when demand exceeds supply as a result prices stay low buyers have a higher number of options to choose from sellers must keep prices low and buyers have more room to negotiate a buyer s market usually refers to real estate markets however it can also be used to describe any market in which buyers have an advantage the opposite of a buyer s market is a seller s market 