Are sellers making more room?
Follow price cuts, supply and time on market in your area. See the evidence before you negotiate.
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Reporting period: August 2026 · Monthly snapshot retrieved 9/7/2026.
Monthly data is checked automatically each day at 19:35 UTC. Validated releases replace the snapshot; a failed check keeps the last good data. Source histories may be revised.
The first automatic check is pending. Showing the bundled snapshot.
Listings with a price cut
20.4%+0.1 percentage points vs last year
Price-reduced listings
402,572+1.4% vs last year
Active listings
1,140,035+3.6% vs last year
Median days on market
600 days vs last year
Median asking price
$424,500-1.3% vs last year
Pending listings
451,902-0.6% vs last year
What the signals suggest
The indicators do not all point to greater buyer negotiating room. Read the measures together rather than treating price cuts alone as a market verdict.
Price-cut share: +0.1 percentage points vs last year. Inventory: +3.6% vs last year. Time on market: 0 days vs last year.
A reduction can reflect an ambitious initial asking price. These aggregate figures do not prove falling home values or predict a crash. Property type, neighborhood and price range can differ from the metro average.
Three years of price cuts
Bar lengths show the publisher’s monthly price-cut share on a fixed 0–100% scale. The table includes the underlying values.
| Month | Price-cut share | Reduced listings | Active listings | Median days |
|---|---|---|---|---|
| August 2026 | 20.4% | 402,572 | 1,140,035 | 60 |
| July 2026 | 20% | 404,344 | 1,126,252 | 57 |
| June 2026 | 18.8% | 388,714 | 1,102,615 | 53 |
| May 2026 | 17.5% | 353,904 | 1,058,694 | 52 |
| April 2026 | 16.7% | 327,402 | 1,002,941 | 52 |
| March 2026 | 16.3% | 294,082 | 947,872 | 57 |
| February 2026 | 15.5% | 259,196 | 916,616 | 70 |
| January 2026 | 14.4% | 224,520 | 914,406 | 78 |
| December 2025 | 12.9% | 201,776 | 978,510 | 73 |
| November 2025 | 18.1% | 327,708 | 1,074,034 | 64 |
| October 2025 | 20.3% | 388,956 | 1,101,595 | 63 |
| September 2025 | 19.9% | 387,166 | 1,102,006 | 62 |
| August 2025 | 20.3% | 397,100 | 1,100,371 | 60 |
| July 2025 | 20.5% | 413,588 | 1,104,427 | 58 |
| June 2025 | 20.7% | 416,786 | 1,084,120 | 53 |
| May 2025 | 19% | 372,972 | 1,037,684 | 51 |
| April 2025 | 17.9% | 335,962 | 960,831 | 50 |
| March 2025 | 17.4% | 302,268 | 894,106 | 53 |
| February 2025 | 16.8% | 262,672 | 849,227 | 66 |
| January 2025 | 15.6% | 233,322 | 830,799 | 73 |
| December 2024 | 12.8% | 187,200 | 872,818 | 70 |
| November 2024 | 16.7% | 282,000 | 953,465 | 62 |
| October 2024 | 18.6% | 322,850 | 955,135 | 58 |
| September 2024 | 18.5% | 323,664 | 937,977 | 56 |
| August 2024 | 19.2% | 330,460 | 909,356 | 53 |
| July 2024 | 19.5% | 339,964 | 884,080 | 51 |
| June 2024 | 18.4% | 320,884 | 839,965 | 48 |
| May 2024 | 16.7% | 283,462 | 787,733 | 45 |
| April 2024 | 15.5% | 250,924 | 734,332 | 47 |
| March 2024 | 15% | 220,244 | 694,850 | 50 |
| February 2024 | 14.6% | 201,428 | 664,750 | 61 |
| January 2024 | 14.7% | 182,936 | 665,604 | 69 |
| December 2023 | 12.7% | 160,552 | 714,215 | 61 |
| November 2023 | 18% | 256,442 | 755,530 | 52 |
| October 2023 | 18.9% | 276,998 | 738,120 | 50 |
| September 2023 | 17.8% | 263,496 | 702,472 | 48 |
Use the market context
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Source & definitions
Source: Realtor.com® Economic Research, Residential Real Estate Data Library. Coverage includes single-family homes and condos/townhomes in the publisher’s US and metro series. Metro boundaries follow the publisher’s revised history.
- Price-cut share is the published
price_reduced_sharefield. We do not calculate it by dividing monthly reductions by active inventory. - Reduced listings count price reductions during the month. Active and pending inventory are snapshot measures, so their denominators differ.
- Days on market measures time from first listing to closing or removal. Asking prices are not completed sale prices.
- Comparisons match the same calendar month one year earlier. Share changes use percentage points; count and price changes use percent. Missing data stays unavailable, and flagged comparisons are withheld.
- This source does not supply the typical dollar size of a reduction here, or individual address histories.
Download publisher metro history (CSV) · National history (CSV)