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Posted in: Infographics, Market insights, Buying a home, Selling a home

Infographic: How does a balanced market affect buyers and sellers

Infographic what is balanced market

The basic laws of supply and demand apply when it comes to the housing market. But if you failed Introduction to Economics, the ever-changing housing statistics may be confusing to you.

Let "Cirque du Edina Realty" explain the conditions required for a balanced housing market - and how these conditions can affect buyers and sellers alike.

balanced housing market infographicbalanced housing market infographic

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Status Definitions

For Sale: Properties which are available for showings and purchase

Active Contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Contingent and Pending statuses may not be available for all listings