Follow Me on Twitter

Fewer Home Sellers Cut Asking Prices for Homes

In January,Sellers Reduced List Prices by $21,925 on Average,According to ZipRealty

According to a report released today by ZipRealty just over 40 percent of available homes for sale had reduced prices in January,down from 44 percent in December. 

“Sellers are taking a realistic look at current market conditions before listing their homes,”[...]

Nearly half of homes for sale have reduced prices

Dennis Norman

According to a report issued today by ZipRealty,more than 44 percent of home listings in 28 major markets tracked by ZipRealty in September had at least one price reduction.  Of those homes on the market with reduced prices the average have had their price cut an average of twice,according to the report.

[...]