off-market

English

Adjective

off-market (not comparable)

1. a term used to define a property that is selling, or has already been sold, without any public advertising.
   • 2020, Caroline James, What is an off-market sale?, realestate.com.au

     He says learning about off market properties can be “a very power tool” for property investors, who are often looking to snap up a bargain.

   • 2022, Myra Butterworth, Not just for the rich and famous: Selling off market now attracts one in ten sellers - with the average secret sale price at £850,000 - but why do it?, dailymail.co.uk

     With more off-market properties securing a sale quickly, fewer homes are being advertised more widely later down the road.

Noun

off-market (plural off-markets)

1. A property available for sale, but not publicly advertised or widely promoted.
   • 2020, Caroline James, What is an off-market sale?, realestate.com.au

     Off market means the home can be bought if its owner is presented with an acceptable offer but has decided not to promote the fact.

Synonyms

• silent listing

Adverb

off-market (not comparable)

1. an indication that a property is selling, or was sold, without any public advertising.
   • 2020, Caroline James, What is an off-market sale?, realestate.com.au

     Selling your property off market is not an ideal way to achieve the maximum price – it’s often a last-minute choice.

   • 2021, Nicole Madigan, Selling off-market: new research shows whether it's worth it, eliteagent.com

     In Sydney, houses sold off-market achieved prices 2.7 per cent lower than other sales, while they sold for 4 per cent less in Melbourne and the ACT.