submarket
noun
sub·mar·ket
ˈsəb-ˌmär-kət 
variants
or sub-market
plural submarkets or sub-markets
: a portion or subdivision of a market
a profitable submarket of the banking industry
… is one of several local travel agencies, and several dozen around the country, that belong to a little known sub-market that sells tickets on international flights for … up to 70 percent off the normal cost of a one-way ticket.—
Bernie Kohn
Bernie KohnExamples of submarket in a Sentence
Recent Examples on the Web
The vacancy rate rose in all 33 submarkets that the Apartment Association tracks, with Denver’s northeast area reaching a regional high of 9.3%, up from 5.8%.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
The transaction is one of the largest in recent memory and a rarity for the Torrey Pines submarket, where properties are not often put up for sale.
—Jennifer Van Grove, San Diego Union-Tribune, 6 Feb. 2025
The Aurora East and West submarkets also reached 8% vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
Instead, the supply deluge quickly overran every submarket, every age category of apartment and every apartment type, with older apartments and studios seeing some of the biggest increases in vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
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Aldo Svaldi, The Denver Post, 24 Jan. 2025
The transaction is one of the largest in recent memory and a rarity for the Torrey Pines submarket, where properties are not often put up for sale.
—Jennifer Van Grove, San Diego Union-Tribune, 6 Feb. 2025
The Aurora East and West submarkets also reached 8% vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
Instead, the supply deluge quickly overran every submarket, every age category of apartment and every apartment type, with older apartments and studios seeing some of the biggest increases in vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
See all Example Sentences for submarket
Dictionary Entries Near submarket
Cite this Entry
“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 24 Feb. 2025.
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