As housing inventory increases, many sellers, particularly in Texas, Arizona, and Florida, are slashing their prices in order to remain competitive in the market.
These metro areas have seen the most dramatic price cuts. The percentage of listings that have reduced prices is included.
- Phoenix-Mesa-Chandler, AZ – (28.2%)
- Tampa-St.Petersburg-Clearwater, FL – (24.8%)
- San Antonia-New Braunfels, TX – (22.6%)
- Tucson, AZ – (21.8%)
- Portland-Vancouver-Hillsboro, OR-WA – (28.2%)
- Jacksonville, FL – (21.1%)
- Dallas-Fort Worth-Arlington, TX – (21%)
- Orlando-Kissimmee-Sanford, FL – (20.7%)
- Austin-Round Rock-San Marcos, TX – (20%)