Residential sales refer to the process of buying and selling homes or residential properties. This market includes various types of properties, such as single-family homes, condominiums, and townhouses. Real estate agents often facilitate these transactions, helping buyers find suitable homes and assisting sellers in marketing their properties. The residential sales market is influenced by factors like location, property condition, and current economic conditions. Buyers typically seek properties that meet their needs and budget, while sellers aim to achieve the best possible price. Understanding market trends can help both parties make informed decisions during the buying or selling process.