roomvu logoPricingFree Trial

How a price reduction can lead to a bidding war

Location
Seattle, Portland, San Francisco
Publish Date
2022/08/10

The share of homes that reduced their list price reached 14.9% in June versus 7.6% in 2021.Many sellers have to adjust their lofty expectations against the new reality that has rapidly taken over the current market.Sellers are advised to drop their list price if their home has been on the market for several weeks with no serious interest.

Market Update

Sign up

Los Angeles, San Diego, Central Coast, New York, New Jersey, North Carolina, Colorado, Miami, Tampa, Orlando, Charlotte, Raleigh, USA, California, Sacramento, Texas, Austin, Houston, Dallas, San Antonio, Illinois, Chicago, Atlanta, Florida, Nevada, Washington D.C., Minnesota, Minneapolis, Ohio, Pennsylvania, Arizona, Philadelphia, Maryland, Massachusetts, Connecticut, Indiana, South Carolina, Virginia, Missouri, Hawaii, Arkansas, Georgia