Katy sellers blinked: the biggest price cuts this week

Katy sellers are blinking. 24 active listings cut their asking price, totaling $1,419,736 shaved off original asks.

The largest percentage cut: 5239 Light Willow, now $322,700 after a 20.2% reduction from $404,610. The biggest dollar cut went to 25435 Schmidt Dr. $115,000 off the original ask.

Most of the cuts came from the mid-market, where buyers have been waiting out high asks. Geographically, Bergamo leads. 5 of the 24 cuts came from there.

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