Where sellers cut home prices the most this summer
Movoto by Lower found 68,372 homes were cut, with high-end listings taking the biggest markdowns and cheaper homes repriced most often.
- Real estate portal Movoto by Lower reported that 35.4% of active listings across 17 major metropolitan areas had price cuts as of July 14, 2026, representing 68,372 homes priced below their original asking price.
- Entry-Level listings are most likely to undergo price reductions, with nearly half dropping prices in West Palm Beach, Florida, Tacoma, Washington, and Fort Worth, Texas.
- High-Priced listings in 12 of 17 metros receive the deepest markdowns, reaching a median of $150,000 in both Anaheim-Santa Ana-Irvine, California, and Nassau County-Suffolk County, New York.
- For buyers, a $150,000 price cut lowers monthly principal and interest payments by roughly $774, based on Freddie Mac's average 30-year fixed rate of 6.69% for the week of August 6.
- Sellers at the top of the market are conceding six figures to secure buyers, though Florida sellers cut prices most frequently while keeping individual markdowns modest.
12 Articles
12 Articles
Where sellers cut home prices the most this summer - The Mexico Ledger
Where sellers cut home prices the most this summerSellers at the top of the market are conceding six figures to find a buyer, according to an analysis of listings data on real estate portal Movoto by Lower. Cheaper homes get cut more often, but the deepest discounts, in dollars and in percentage terms, are landing on the most expensive listings. Movoto by Lower Key takeaways35.4% of listings in 17 major markets were priced below their original …
Where sellers cut home prices the most this summer - Seward Independent
Where sellers cut home prices the most this summerSellers at the top of the market are conceding six figures to find a buyer, according to an analysis of listings data on real estate portal Movoto by Lower. Cheaper homes get cut more often, but the deepest discounts, in dollars and in percentage terms, are landing on the most expensive listings. Movoto by Lower Key takeaways35.4% of listings in 17 major markets were priced below their original …
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Where sellers cut home prices the most this summer
Movoto by Lower reports that this summer, sellers are cutting home prices significantly, especially at the high end, with 35.4% of listings reduced across 17 major markets.
Where sellers cut home prices the most this summer - Stateline Publications
Where sellers cut home prices the most this summerSellers at the top of the market are conceding six figures to find a buyer, according to an analysis of listings data on real estate portal Movoto by Lower. Cheaper homes get cut more often, but the deepest discounts, in dollars and in percentage terms, are landing on the most expensive listings. Movoto by Lower Key takeaways35.4% of listings in 17 major markets were priced below their original …
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