Livingston sellers blinked: the biggest price cuts this week

Livingston sellers are blinking. 24 active listings cut their asking price, totaling $4,886,419 shaved off original asks.

The largest percentage cut: 003 Lucky 13 Rd, now $200,189 after a 92.0% reduction from $2,502,520.

4 of the 24 were originally over $1M. the high end is where pricing pressure is concentrated right now. Geographically, Cedar Point Sec 5 leads. 3 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.