My Real Estate Blog

Slightly more than 40 percent of home listings experienced at least one price reduction in January, compared with 44 percent in December, according to the report.  On average, homeowners within all markets studied reduced list prices by $21,925.
 
The Los Angeles, San Diego, and San Francisco markets were among those with the lowest percentage of price-reduced homes, with Los Angeles and San Diego both coming in at 32.6 percent and San Francisco at 31.9 percent.