10/01/2026
Price Reductions Hit 20.4% of Active Listings
After nearly two decades in real estate, I’ve seen markets shift in every direction, but the latest numbers highlight just how dynamic things remain. In mid-Q3, price reductions touched 20.4% of all active listings nationwide. Homes going under contract dipped by less than 1% compared to last year, breaking an eight-month streak of growth as buyers recalibrated with mortgage rates peaking around 6.7%. Even so, the market kept moving: the national median list price settled at $424,500, active listings increased by about 4%, while new listings slipped a bit. Fewer sellers chose to pull their homes from the market, with delistings down roughly 13%. Slower pace has given buyers more breathing room and leverage, but thoughtful pricing remains key for sellers. My experience has taught me that stability in mortgage rates can influence seller decisions just as much as rate drops—if we hover near 6.7%, we may see even more price adjustments or listings pulled. Navigating these shifts requires a steady hand and a clear strategy—qualities I’ve built my career on.