As the housing market slowly turns in the buyer’s favor, some metros are seeing sellers reducing pricing again – and again – and again. These locales are primarily in the South and West, where inventory remains relatively strong. Of course, some sellers prefer to delist their property until conditions change, again.
These are the metro areas where the percentage of listings that have reduced the prices at least three times.
- Austin, TX – 22.2%
- San Antonio, TX – 20.0%
- Tampa, FL – 20.8%
- Indianapolis, IN – 18.4%
- Jacksonville, FL – 17.8%
- Dallas, TX – 17.2%
- Orlando, FL – 16.9%
- Portland, OR – 16.6%
- Phoenix, AZ – 16.5%
- Denver, CO – 15.9%