Ever been scrolling through property listings or chatting with someone about buying a house and suddenly see the phrase “under contract”… and feel a little lost?
That was me the first time. I saw a perfect listing, got excited, clicked on it — only to spot the tiny words “under contract” and immediately wonder: Okay… so is it sold? Can someone still make an offer? What does this even mean?
If you’ve had the same confusion, don’t worry — it’s one of the most common questions in real estate conversations.
Quick Answer: “Under contract” means a buyer and seller have agreed to a deal and signed a contract, but the sale is not final yet.
🧠What Does “Under Contract” Mean in Text?
In simple terms, “under contract” means a buyer has made an offer on a property, the seller has accepted it, and they’ve both signed a purchase agreement.
But the deal is still in process — the closing hasn’t happened yet.
The property is basically “reserved,” but the sale could still fall through if certain conditions (called contingencies) aren’t met — like inspections, financing, or appraisal.
Example sentence:
“Sorry, this house is under contract, but we’ll let you know if it becomes available again.”
In short: Under contract = Offer accepted + Signed agreement = Not sold yet, but reserved.
📱Where Is “Under Contract” Commonly Used?
You’ll mostly see this phrase in real estate–related places such as:
- 🏡 Property listing websites (Zillow, Realtor, Redfin)
- 📱 Real estate texting conversations
- 📝 Agent updates
- 🏢 Housing discussions at work or with agents
- 💬 Social media posts about homebuying
Tone:
- It’s formal and professional, not slang.
- Common in business, housing, and legal conversations.
💬Examples of “Under Contract” in Conversation
Here are some realistic, short chat-style examples:
1.
A: is that house still available?
B: nope, it’s under contract already 😕
2.
A: i really wanted that apartment
B: yeah same, it went under contract super fast
3.
A: can i still make an offer even if it’s under contract?
B: maybe! depends on the contingencies.
4.
A: what does “under contract” even mean?
B: just means someone already signed a deal for it.
5.
A: any updates on the house?
B: still under contract. waiting on inspection results.
6.
A: saw a place i like but it says under contract
B: you can ask your agent to put in a backup offer.
7.
A: is under contract the same as sold?
B: nope, not final yet.
🕓When to Use and When Not to Use “Under Contract”
✅ When to Use
- When talking about real estate deals
- When a property has an accepted offer
- When explaining the status of a house or apartment
- When updating someone on the progress of a sale
- When discussing contingencies or inspections
❌ When Not to Use
- In casual slang or texting unrelated to real estate
- In non-property situations (this is not a general slang term)
- When referring to a property that is fully sold or closed
- When you’re unsure if a contract is actually signed
📊 Comparison Table
| Context | Example Phrase | Why It Works |
|---|---|---|
| Friend Chat | “that house we liked is under contract 😭” | Casual update about status |
| Work Chat | “The listing is under contract, but we may accept backup offers.” | Clear & professional |
| “Please note that the property is currently under contract pending inspection.” | Formal & precise |
🔄Similar Terms or Alternatives
Here are similar real estate terms people often confuse with “under contract”:
| Term | Meaning | When to Use |
|---|---|---|
| Pending | All contingencies cleared; sale is close to final | When the deal is almost done |
| Contingent | Under contract but waiting on conditions | When inspections/appraisals aren’t complete |
| Active | Property is fully available | When no offer has been accepted |
| Sale Agreed | Buyer & seller shook hands; paperwork moving | UK/Europe–style real estate updates |
| Under Offer | Offer received but not finalized | Early stage before contract signing |
| Closed/Sold | Deal is fully complete | After ownership officially transfers |
❓FAQs
1. Is “under contract” the same as sold?
No — it means the deal is in progress, not finalized.
2. Can a house under contract still accept offers?
Yes, depending on the contingencies. Many homes accept backup offers.
3. How long does a property stay under contract?
Usually 30–60 days, but this varies by location and sale complexity.
4. Can a seller back out after a home is under contract?
Yes, but only under certain conditions — usually if contingencies aren’t met.
5. Can a buyer back out after going under contract?
They can if a contingency fails (inspection, appraisal, financing, etc.).
6. Why do some homes fall out of contract?
Common reasons: bad inspection, low appraisal, loan issues, or buyer changing plans.
7. Is “under contract” a legal term?
Yes — it refers to a formal, signed purchase agreement.