Cleveland sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Cleveland sellers are blinking. 12 active listings cut their asking price, totaling $625,905 shaved off original asks.
The largest percentage cut: 0 County Road 2252, now $279,000 after a 48.3% reduction from $540,000.
Most of the cuts came from the mid-market, where buyers have been waiting out high asks. Geographically, Tarkington Timbers leads. 5 of the 12 cuts came from there.
For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.
How Cleveland prices break down right now.
- <$250k16881%
- $250 to 500k2412%
- $500 to 750k31%
- $750k to 1M52%
- $1M+73%
Ranked by percentage cut.
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