Katy sellers blinked: the biggest price cuts this week

Katy sellers are blinking. 24 active listings cut their asking price, totaling $3,656,825 shaved off original asks.

The largest percentage cut: 6218 Pleasant Stream, now $269,990 after a 90.0% reduction from $2,699,990.

1 of the 24 were originally over $1M. the high end is where pricing pressure is concentrated right now. Geographically, Elyson leads. 6 of the 24 cuts came from there.

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