25d • News
🏠 U.S. HOUSING MARKET JUST SHIFTED — AND SELLERS ARE FEELING IT
Home sellers across the U.S. are starting to blink.
In February, a record 34.2% of sellers cut their listing prices — the highest ever recorded for this month since tracking began in 2012. That’s not a small move. Since 2022, the share of sellers dropping prices has more than tripled.
And these aren’t minor adjustments.
Sellers who reduced prices slashed an average of $40,915 (-7.3%), marking one of the steepest February cuts in recent years. Across all listings, the average price reduction came in at $13,463 (-2.4%) — the largest February drop on record.
Regionally, the pressure is uneven.
States like Texas and Florida are leading the decline, with the most aggressive price cuts, while sellers in the Bay Area are holding firmer — for now.
So what’s driving this shift?
High mortgage rates are crushing affordability. At the same time, housing inventory is rising, giving buyers more options and more leverage.
The result is simple:
The balance of power is moving.
After years of seller dominance, the U.S. housing market is tilting back toward buyers — and this trend is only getting started if rates stay elevated.
.
This is bigger than headlines. Follow if you want to understand what comes next.
1
0 comments
🏠 U.S. HOUSING MARKET JUST SHIFTED — AND SELLERS ARE FEELING IT
