Market Area
Barron's Real Estate Dictionary:
Top
Market Area
A geographic region from which one can expect the primary demand for a specific product or service provided at a fixed location.
Example: A regional shopping center has a larger market area than a neighborhood shopping center.
Example: A developer estimates that the market area for a subdivision covers the northeast section of the metropolitan area.
Example: A regional shopping center has a larger market area than a neighborhood shopping center.
Example: A developer estimates that the market area for a subdivision covers the northeast section of the metropolitan area.
| Market, Marital Deduction | |
| Market Comparison Approach, Market Delineation |
Post a question - any question - to the WikiAnswers community:
Copyrights:
Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
Read more
Mentioned in
Trade Area
(business term)
Economic Base
(business term)
Primary Market Area
(business term)
dual channel market
(in marketing)
» More