Parcl Labs reposted this
📊 Where are sellers cutting prices most aggressively? We analyzed the top 100 US metros. Three markets show over 50% of listings with price cuts: 1️⃣ Denver: 51.5% 2️⃣ San Antonio: 51.1% 3️⃣ Austin: 50.2% More markets with significant price reductions: 4️⃣ Colorado Springs (48.3%) 5️⃣ Jacksonville (46.5%) 6️⃣ Indianapolis (46.4%) 7️⃣ Tampa (45.5%) 8️⃣ Des Moines (45.4%) 9️⃣ Charlotte (45.0%) 🔟 Deltona (45.0%) What’s going in Denver? 📉 51.5% of listings cut prices (up from 47.8% last month) 📊 42.3% more homes on market vs last year More on Denver in our market deep dive👇 https://lnkd.in/eB4kxcCM What’s going on in Austin? 📉 50.2% of listings reduced 📊 Supply growth cooling (+8.0% YoY) 💡 Demand down -34.4% YoY See our new construction impact analysis that highlights Austin👇 https://lnkd.in/eBFKVmET ICYMI: Track market stress signals in real-time with our open-source algorithm. Latest analysis here👇 https://lnkd.in/evDUqMGx #Austin #Denver #HousingTrends
Very helpful
Washington DC Real Estate
2wNow do Washington DC!