It's important to research fair market value before making a purchase.
fair market price
Frequency:
75
%
The seller listed the house at a fair market price.
Idiomatic Expressions for fair market price
Phrase: buy something below fair market price
Meaning: to purchase something at a price that is lower than the current market value, often considered a good deal for the buyer
Usage: The investor managed to buy the property below fair market price, making a profitable investment.