Home Price Reductions Hit 42% Despite Seller's Market Conditions

"The U.S. residential real estate market continues to display a striking contrast this week. The Altos Market Action Index sits at 33.9, pointing to a seller's advantage on the 0-100 scale that measures home sales rate versus available housing inventory. Scores of 25-50 indicate seller's market conditions, confirming property owners maintain control despite mixed signals in the Sept. 2025 housing data."

"The Market Action Index has decreased slightly from 35 last month to 33.9 currently. This shows sellers still have the upper hand in the housing sector, but their advantage may be softening. With 42% of property listings dropping prices, it's clear sellers are increasingly responsive to homebuyer feedback in today's market conditions. Based on national housing data for the week ending Sept. 19, 2025, there were 862,883 homes listed for sale equaling 2.7 months of housing supply and 73,088 single-family home sales across the country."

"The median home price sits at $445,000 nationwide. New property listings entered the market at a median price of $415,000. When sellers cut prices, they typically reduced by 4.1% from original listing prices. Only 2% of residential listings raised prices, with an average bump of 2% in those cases. Industry context The current level of 862,883 listed properties represents a slight increase from the 860,219 reported previously in the housing inventory tracker."

National housing indicators show a seller-favoring market with the Altos Market Action Index at 33.9, within the 25–50 seller's market range. Inventory totaled 862,883 listings, equal to 2.7 months of supply, with 73,088 single-family sales for the week ending Sept. 19, 2025. The median home price is $445,000 and new listings entered at a median of $415,000. Forty-two percent of listings reduced asking prices by an average of 4.1%, while only 2% raised prices by about 2%. A 10.1% relisting rate and a slight inventory uptick suggest sellers are adjusting strategies to meet buyer expectations.

Read at www.housingwire.com