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

Examples of submarket in a Sentence

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As with all real estate, Miami has distinct submarkets. —

Kathy A. McDonald, Variety, 13 Dec. 2024 With its numerous pre-war apartment buildings, central Denver is among the more affordable metro submarkets, along with the older ring suburbs. —

Aldo Svaldi, The Denver Post, 10 Dec. 2024 The overall vacancy rate fell 0.3% to 5.3% and moved lower in 18 out of 33 submarkets. —

Aldo Svaldi, The Denver Post, 24 Oct. 2024 Steve Sherman, a research scientist at Rice University’s Kinder Institute for Urban Research, says Houston’s size and diversity have long created various housing submarkets within it, some resembling Detroit and others hewing closer to Brooklyn. —

Mark Dent, thehustle.co, 18 Oct. 2024 See all Example Sentences for submarket