National Real Estate Insights December 2024

U.S. Price Reductions on Active Listings National Market Dynamics & Seasonality since 2018

Price reductions in November 2024 continued to fall from the mid-summer high, but were 10% higher year- over-year.

500,000

July-Oct. 2018

450,000

June 2019

The number of price reductions typically ebbs and flows by season but is also affected by specific market conditions.

400,000

July 2024

July-Oct. 2022

350,000

Oct. 2023

300,000

June 2020

250,000

Aug.-Sept 2021

200,000

150,000

100,000

50,000

Updated through November 2024

0

Per Realtor.com Research: https://www.realtor.com/research/data/, listings posted to site. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate.

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