Galveston sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Galveston sellers are blinking. 12 active listings cut their asking price, totaling $1,252,499 shaved off original asks.
The largest percentage cut: 13613 Pirates Beach Boulevard, now $110,000 after a 41.8% reduction from $189,000. The biggest dollar cut went to 18419 De Vaca. $500,000 off the original ask.
2 of the 12 were originally over $1M. the high end is where pricing pressure is concentrated right now.
For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.
How Galveston prices break down right now.
- <$250k6938%
- $250 to 500k5430%
- $500 to 750k1910%
- $750k to 1M116%
- $1M+2815%
Ranked by percentage cut.
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