Conroe sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Conroe sellers are blinking. 24 active listings cut their asking price, totaling $1,161,664 shaved off original asks.
The largest percentage cut: 25 Gettysburg, now $21,000 after a 28.8% reduction from $29,500. The biggest dollar cut went to 18014 Blu Terrace. $110,500 off the original ask.
Most of the cuts came from the mid-market, where buyers have been waiting out high asks. Geographically, Artavia leads. 6 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.
How Conroe prices break down right now.
- <$250k58626%
- $250 to 500k1,09349%
- $500 to 750k32815%
- $750k to 1M974%
- $1M+1145%
Ranked by percentage cut.
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