{"id":174534,"date":"2026-02-21T18:32:07","date_gmt":"2026-02-21T18:32:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/174534\/"},"modified":"2026-02-21T18:32:07","modified_gmt":"2026-02-21T18:32:07","slug":"map-reveals-cities-where-homeowners-slashing-prices-the-most","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/174534\/","title":{"rendered":"Map reveals cities where homeowners slashing prices the most"},"content":{"rendered":"<p class=\"Paragraph_blockParagraph__I2kr4\">Realtor.com has <a href=\"https:\/\/www.realtor.com\/news\/trends\/home-price-cuts-map-united-states\/\" rel=\"nofollow noopener\" target=\"_blank\">published fresh research<\/a> identifying U.S. cities where a larger share of home listings saw price reductions, highlighting markets in which sellers increasingly cut asking prices.<\/p>\n<p>Why It Matters<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Tracking where price cuts are most common may help buyers gauge negotiation leverage and potentially signals where <a href=\"https:\/\/www.newsweek.com\/us-home-sales-see-biggest-decline-in-a-year-11553000\" rel=\"nofollow noopener\" target=\"_blank\">sellers face slower demand<\/a> or rising inventory.<\/p>\n<p>What To Know<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Austin, Texas, lead the Realtor.com analysis of metros where listings most often undergo three or more cuts. In January, 22.2 percent of active Austin listings on Realtor.com had been reduced at least three times\u2014about double the national share of 10.7 percent.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">San Antonio, also in Texas, ranked second, Realtor.com found, with 22 percent of listings having three or more cuts in price.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">In third was Tampa, Florida. According to the research, the metro saw slightly below 21 percent of listings with at least three price reductions.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Following Tampa was Indianapolis, Indiana, with 18.4 percent, and Florida\u2019s Jacksonville, with 17.8 percent, according to Realtor.com.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Overall, the top 10 cities with the highest percentage of listings with three or more price cuts were found to be<\/p>\n<p>Austin, TX \u2014 22.2 percentSan Antonio, TX \u2014 22 percentTampa, FL \u2014 20.8 percentIndianapolis, IN \u2014 18.4 percentJacksonville, FL \u2014 17.8 percentDallas, TX \u2014 17.2 percentOrlando, FL \u2014 16.9 percentPortland, OR \u2014 16.6 percentPhoenix, AZ \u2014 16.5 percentDenver, CO \u2014 15.9 percent<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">In the top three metros\u2014Austin, San Antonio, and Tampa\u2014the typical listing is waiting about three months for a buyer. <\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">In Austin, the median listing price of about $455,000 sat nearly 10 days longer than a year earlier, while Tampa\u2019s typical property (about $399,727) remained on the market more than two weeks longer than in January 2025, the biggest annual slowdown across the top 10, Realtor.com noted in its report.<\/p>\n<p>What People Are Saying<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Real estate broker at Coldwell Banker Vanguard Realty told Realtor.com: \u201cIf there aren\u2019t showings or offers, no matter what kind of marketing you do, it is all about the price, and these are sellers who are selling because they need to, not because they are testing the waters.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">\u201cMany are selling a second home\/vacation property, <a href=\"https:\/\/www.newsweek.com\/map-reveals-cities-seeing-huge-moving-booms-11554057\" rel=\"nofollow noopener\" target=\"_blank\">relocating out of the area<\/a>, or it is an older person that is downsizing\/rightsizing or going into assisted living or a longtime rental property.\u201d<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Realtor.com senior economist\u00a0Jake Krimmel said in the report: &#8220;It&#8217;s more or less a &#8216;who&#8217;s who&#8217; of buyer-friendly markets.<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">&#8220;These are places where housing demand is still low and inventory has been steadily building up.&#8221;<\/p>\n<p>What Happens Next<\/p>\n<p class=\"Paragraph_blockParagraph__I2kr4\">Realtor.com regularly releases new studies and reports.<\/p>\n","protected":false},"excerpt":{"rendered":"Realtor.com has published fresh research identifying U.S. cities where a larger share of home listings saw price reductions,&hellip;\n","protected":false},"author":2,"featured_media":174535,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133,3222,111,858],"class_list":{"0":"post-174534","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news","11":"tag-housing","12":"tag-real-estate","13":"tag-research"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/174534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=174534"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/174534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/174535"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=174534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=174534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=174534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}