Katy sellers blinked: the biggest price cuts this week

Katy sellers are blinking. 24 active listings cut their asking price, totaling $6,079,511 shaved off original asks.

The largest percentage cut: 452 Wild Thicket Drive, now $459,990 after a 91.4% reduction from $5,379,999.

1 of the 24 were originally over $1M. the high end is where pricing pressure is concentrated right now. Geographically, Grange leads. 5 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.