10/26/2026
MIKE LARSON
Confused by Home Price Headlines? Here’s Why.
Home prices just dropped $14,000 in two months. So, is the housing market finally getting cheaper? Not so fast. Because there's a lot more to this story than the headlines are telling you.
According to HousingWire, the national median asking price fell from $449,000 to $435,000 since August.
But here's the twist: that's what sellers are asking for their homes. Not necessarily what buyers are paying. And when you look at actual sales prices, things get even more interesting.
Over the past year, home prices in Chicago climbed almost 7%. Meanwhile, prices in Seattle dipped 1.6%.
Same housing market. Two very different stories.
And that's exactly why making your next move based on national headlines could be a mistake.
So, here's my question: Do you know what home prices are actually doing in your neighborhood?
Drop your town or city in the comments or send me a DM. I'll help you find out.
Question? Call me, 253-209-1572.
[email protected]
www.haroldallen.com