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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