Houston sellers blinked: the biggest price cuts this week

Houston sellers are blinking. 24 active listings cut their asking price, totaling $1,456,250 shaved off original asks.

The largest percentage cut: 4612 Pickfair, now $119,900 after a 40.0% reduction from $199,990. The biggest dollar cut went to 8902 Elsie Lane. $400,000 off the original ask.

3 of the 24 were originally over $1M. the high end is where pricing pressure is concentrated right now.

For buyers, these are . sellers who have already adjusted once are more likely to adjust again at the negotiating table.