🏡 Why Your Home’s Asking Price Matters More Today
Published July 2025 | For Sellers | 2 Min Read
If you're thinking about selling your home, you’ve probably asked yourself: “What should I list it for?” In today’s market, that question matters more than ever.
We’re seeing a trend—many sellers are overshooting their asking price. The result? More price cuts, longer days on market, and frustrated sellers.
Let’s break down what’s happening and how you can avoid the pricing trap.
📉 The Number of Price Cuts Is Climbing
Recent data shows the number of listings with price cuts in May 2025 has returned to levels we haven’t seen since 2018. According to NAR and Realtor.com:
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In May 2025 alone, over 372,000 listings had to slash their price.
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That’s roughly 1 in 5 homes on the market.
This trend is a direct response to sellers setting unrealistic asking prices—often based on outdated assumptions or emotional value.
🚫 Why Sellers Are Overpricing Their Homes
There are three common reasons sellers aim too high:
1. Ignoring Current Market Conditions
Inventory is growing. Buyers have more choices. If your home isn’t priced competitively, it gets overlooked. Period.
2. Pricing Based on What You Want to Make
We get it—everyone wants to walk away with a certain number. But the market doesn’t care about your plans. It only rewards homes priced according to their current value.
3. Leaving "Wiggle Room" for Negotiation
Some sellers think pricing high gives room to negotiate. In reality, it often turns buyers away before they even step through the door.
✅ The Smart Way to Price Your Home Today
The best way to avoid price cuts and extended time on the market? Lean on a local real estate expert who understands your neighborhood, your home, and today’s buyer behavior.
An experienced agent will price your home based on:
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Comparable sales in your area
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Your home’s condition
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Value added from upgrades and renovations
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Real-time buyer demand and trends
👋 Let’s Connect
If you're planning to sell and want to avoid the common pitfalls, let’s talk. We’ll craft a pricing strategy that’s backed by data and proven to attract the right buyers.
Your home deserves to hit the market strong—let’s get it right from day one.
Disclaimer: This blog is for informational purposes only and not intended as legal or tax advice. Please consult a licensed professional for any financial, legal, or real estate decisions.
Sources: National Association of Realtors (NAR), Realtor.com
