Market selloffs are rarely pleasant — but for long-term investors, they can be exactly the kind of opportunity that sets the stage for future outperformance.

With ASX 200 shares pulling back sharply in recent weeks and a long way from recovering in full, some of the market's highest-quality companies are trading well below recent highs. And while sentiment remains cautious, savvy investors know that great businesses on sale don't stay that way for long.

If you've got $20,000 ready to deploy, here are three standout ASX 200 shares that analysts think could be worth serious consideration right now. They are as follows:

Cochlear Ltd (ASX: COH)

The first ASX 200 share that could be a buy is Cochlear. It is the global leader in implantable hearing solutions. With a long history of innovation and a global presence, the company helps hundreds of thousands of people regain their sense of hearing. And with an ageing population and rising awareness around hearing health, Cochlear's long-term growth runway looks as strong as ever.

The business continues to benefit from increasing penetration in emerging markets, a growing replacement cycle, and ongoing product upgrades — all backed by world-class R&D and a strong brand moat.

Citi is a fan of the stock. It recently put a buy rating and $300.00 price target on the company's shares.

REA Group Ltd (ASX: REA)

Another ASX 200 share to consider for a $20,000 investment is REA Group. The company behind realestate.com.au remains an absolute powerhouse in online property listings. It dominates digital real estate in Australia and continues to grow its presence in Asia through stakes in several fast-growing international portals.

REA Group's business model is capital-light and resilient. Even in weaker property markets, its premium listings, advertising packages, and data services ensure steady, recurring revenue streams. And as listings recover and property market activity picks up, REA Group is well-placed to benefit.

Goldman Sachs is bullish on the company. It has a buy rating and $273.00 price target on its shares.

Temple & Webster Group Ltd (ASX: TPW)

Finally, Temple & Webster could be a top ASX 200 share to buy with these funds. It is the leading player in Australian online furniture and homewares.

While discretionary retail has been under pressure, Temple & Webster continues to grow its market share and brand recognition. With an asset-light, online-only model, and a massive product range, it is perfectly positioned to benefit from the long-term shift to e-commerce.

The company has also been expanding into adjacent verticals like home improvement and AI-powered interior styling, which could further boost its revenue base in the years to come.

The team at Citi is also bullish on this one. It recently put a buy rating and $21.10 price target on its shares.