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Home sellers are getting more desperate in these 10 cities — and that’s good news for buyers

August 10, 20240
Sacramento, California.

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  • The percentage of homes with price cuts in July 2024: 20.8%
  • Year-over-year increase in homes with price cuts: 6.7%
  • Median listing price: $652,500
9. Virginia Beach
Raleigh, North Carolina.

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  • The percentage of homes with price cuts in July 2024: 20.1%
  • Year-over-year increase in homes with price cuts: 7.6%
  • Median listing price: $464,012
7. Atlanta
Jacksonville, Florida.

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  • The percentage of homes with price cuts in July 2024: 27.6%
  • Year-over-year increase in homes with price cuts: 8.2%
  • Median listing price: $419,000
5. San Diego
Denver.

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  • The percentage of homes with price cuts in July 2024: 32.4%
  • Year-over-year increase in homes with price cuts: 8.9%
  • Median listing price: $627,450
3. Phoenix
Charlotte, North Carolina.

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  • The percentage of homes with price cuts in July 2024: 24.3%
  • Year-over-year increase in homes with price cuts: 9.5%
  • Median listing price: $439,400
1. Tampa, Florida
Tampa, Florida.

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  • The percentage of homes with price cuts in July 2024: 30.6%
  • Year-over-year increase in homes with price cuts: 9.7%
  • Median listing price: $424,950