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
Crescent Real Estate tightened its grip on the Uptown submarket this year.
—Nick Wooten, Dallas Morning News, 1 Jan. 2026
The Docklands Core submarket, which includes Canary Wharf, hit record high vacancy rates in the first quarter of 2025, at 18.5%, according to data from CoStar.
—Tasmin Lockwood, CNBC, 5 Dec. 2025
The deal is really a testament to the vitality of the Aventura submarket, Miami’s broader market tailwinds, and most evidently, our teams’ capabilities.
—Howard Cohen, Miami Herald, 3 Dec. 2025
The strength of these submarkets, the building quality and the growing tenant demand that underscores the region’s momentum were key drivers in our decision to pursue this opportunity.
—Jessica Alvarado Gamez, Denver Post, 26 Sep. 2025
See All Example Sentences for submarket
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Nick Wooten, Dallas Morning News, 1 Jan. 2026
The Docklands Core submarket, which includes Canary Wharf, hit record high vacancy rates in the first quarter of 2025, at 18.5%, according to data from CoStar.
—Tasmin Lockwood, CNBC, 5 Dec. 2025
The deal is really a testament to the vitality of the Aventura submarket, Miami’s broader market tailwinds, and most evidently, our teams’ capabilities.
—Howard Cohen, Miami Herald, 3 Dec. 2025
The strength of these submarkets, the building quality and the growing tenant demand that underscores the region’s momentum were key drivers in our decision to pursue this opportunity.
—Jessica Alvarado Gamez, Denver Post, 26 Sep. 2025
See All Example Sentences for submarket
Cite this Entry
“Submarket.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/submarket. Accessed 5 Feb. 2026.
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