It appears that Buyers are paying much more in interest now. Thus, they either put in a lower price or accepted smaller returns, and right now the lower price appears to be winning.
![Median Multiples, Year-Over-Year, Q2 2019-2023 Median multiples for Business Sale prices, year-over-year, Q2 2019-2023](https://www.deltabusinessadvisors.com/wp-content/uploads/2023/09/2023-09-07-DBA-Final-824x675.jpg)
It appears that Buyers are paying much more in interest now. Thus, they either put in a lower price or accepted smaller returns, and right now the lower price appears to be winning.