10/15/2026
Price Cuts Hit 1 in 5 Listings | If you want one go-to that works consistently:
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Navigating shifts in the market can feel overwhelming, but clear insights help us stay confident and prepared. By late Q3, 1 in 5 home listings experienced a price cut, while fewer than 6% were delisted—which shows that most sellers chose to adapt rather than step away. Mortgage rates played a big role: the conforming 30-year fixed moved from the high-6% range to above 7%, and kept climbing. Inventory edged up to over 1.16 million homes, and the median listing price dipped about 1% month-over-month to $419,300. For buyers, that creates a bit more negotiating room, though new listings did slip by roughly 2% to around 395,000. Economists note that higher borrowing costs meant buyers couldn’t fully capitalize on this added leverage, keeping the playing field dynamic for everyone involved.
As we turn to early Q4, market watchers are keeping an eye on whether these conditions will prompt deeper discounts, repeated price cuts, or longer selling times nationwide. My approach is always to break down these trends with you, so whether you're buying, selling, or investing, you can move forward with clarity and confidence. After more than three decades in real estate, I know that adapting to change—and having a trusted advisor by your side—makes all the difference.