What’s the difference between a buyers’ market and a sellers' market?

In real estate, the difference between a buyers' market and a sellers' market depends on the supply and demand of available properties. In a buyers' market, there are more properties for sale than there are interested buyers, resulting in lower prices, longer time on the market, and more opportunities for buyers to stipulate conditions. In a sellers' market, there are more interested buyers than available properties, resulting in higher prices, fewer listings, bidding wars, and less opportunity for buyers to negotiate. The type of market also varies depending on the neighborhood and property type. It is recommended to work with an experienced real estate agent to navigate the market and make informed decisions.