{"id":6618,"date":"2026-08-27T10:30:00","date_gmt":"2026-08-27T10:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2026\/08\/27\/sellers-are-cutting-prices-to-meet-buyers-where-theyre-at\/"},"modified":"2026-08-27T10:30:00","modified_gmt":"2026-08-27T10:30:00","slug":"sellers-are-cutting-prices-to-meet-buyers-where-theyre-at","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2026\/08\/27\/sellers-are-cutting-prices-to-meet-buyers-where-theyre-at\/","title":{"rendered":"Sellers Are Cutting Prices To Meet Buyers Where They&#8217;re At"},"content":{"rendered":"<body>\n<div><img data-recalc-dims=\"1\" decoding=\"async\"  src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2026\/08\/Header-Image-GettyImages-1406414052-original.png?w=1220&#038;ssl=1\" alt=\"Sellers Are Cutting Prices To Meet Buyers Where They're At Simplifying The Market\" loading=\"lazy\" style=\"display: block; margin-bottom: 5px; clear: both; max-width: 100%;\">\n<p>You\u2019re scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app.\u00a0<\/p>\n<p>Because even if you love the house, the numbers feel impossible. But here\u2019s the thing.<\/p>\n<p>Nationally, there are more <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.keepingcurrentmatters.com\/2026\/06\/18\/is-it-still-a-sellers-market-heres-what-the-data-says\/\">homes sitting<\/a> on the market than there are people out there looking. And when <em>sellers need buyers<\/em> more than <em>buyers need sellers<\/em>, that shows up in the price.<\/p>\n<p>Lower asking prices. More price cuts. And homes priced for what buyers can actually afford \u2013 not what sellers hope someone might pay.<\/p>\n<p>And it may be enough to make buying more doable than you\u2019d think.\u00a0<\/p>\n<h4><strong>4 Out of 10 Sellers Are Cutting Their Price\u00a0<\/strong><\/h4>\n<p>One of the clearest signs sellers are adjusting?<strong> <\/strong>Price cuts.<strong> <em>HousingWire<\/em> <em>Data <\/em><\/strong><a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.housingwire.com\/intelligence\/\"><strong>shows<\/strong><\/a><strong> more than 40% of sellers are dropping this price.<\/strong><\/p>\n<p>That\u2019s just slightly behind the volume we saw last year (<em>see graph below<\/em>):<\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2026\/08\/20260827-Over-40-Percent-original.png?w=1220&#038;ssl=1\" alt=\"a graph of a price reduction\" style=\"width: 100%; height: auto; display: block;\" loading=\"lazy\"><\/p>\n<p>That\u2019s more than 4 out of every 10 homes listed. Think about what that means. That\u2019s thousands of sellers deciding they\u2019d rather lower their asking price than keep waiting for someone willing to stretch their budget.\u00a0<\/p>\n<p>They know that to sell, they have to be willing to do some give and take. And when no buyers are biting, they\u2019re pulling their biggest lever to draw buyers back in \u2013 their price. As Danielle Hale, Chief Economist at <em>Realtor.com<\/em>, <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.realestatenews.com\/2026\/07\/08\/home-sale-expectations-tempered-for-second-half-of-2026\">explains<\/a>:<\/p>\n<blockquote>\n<p><em>\u201cThis is a market where people are adjusting and showing up rather than giving up. <\/em><strong><em>Sellers are meeting the market with more realistic asking prices, which is helping deals get done<\/em><\/strong><em>.\u201d<\/em><\/p>\n<\/blockquote>\n<h4><strong>This July Saw the Lowest Median List Price for Any July in Five Years<\/strong><\/h4>\n<p>What about the other 6 in 10 sellers? A lot of them started with a lower asking price to begin with rather than test the higher price and get crickets from buyers.<\/p>\n<p><strong>That may be why July 2026 had the lowest median list price of any July in the past five years<\/strong>, <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.realtor.com\/research\/July-2026-data\/\">according<\/a> to <em>Realtor.com<\/em> <em>(see the white line in the graph below):<\/em><\/p>\n<p><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2026\/08\/20260827-The-Lowest-original.png?w=1220&#038;ssl=1\" alt=\"a graph of sales and prices\" style=\"width: 100%; height: auto; display: block;\" loading=\"lazy\"><\/p>\n<p>Now, that doesn\u2019t mean <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.keepingcurrentmatters.com\/2026\/07\/29\/home-price-growth-slowed-down-that-may-be-changing\/\">home values<\/a> are falling or that everything\u2019s suddenly a steal. Prices are still above where they were before the pandemic. But what it does mean is this.<\/p>\n<p>Sellers no longer banking on bidding wars or expecting buyers to pay whatever they ask. Instead, many are listing at prices that better reflect <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.keepingcurrentmatters.com\/2026\/08\/13\/who-has-the-upper-hand-in-todays-housing-market\/\">today\u2019s market<\/a> from the very beginning.\u00a0<\/p>\n<p>And honestly, whether they\u2019re pricing competitively from day one or adjusting after a few weeks on the market, the message for you is the same:<\/p>\n<p><strong>Sellers are more willing to meet you where you\u2019re at.<\/strong><\/p>\n<p>Because in many markets throughout the country, you\u2019re not fighting <em>over a house<\/em> anymore. Sellers are fighting <em>over you<\/em>. And that\u2019s information you can use to get a better deal.<\/p>\n<p>Yes, affordability can be a real challenge. And the monthly payment you take on definitely does matter. But if you\u2019ve been assuming everything is out of budget, there may be more <a target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.keepingcurrentmatters.com\/2026\/07\/13\/the-take-it-or-leave-it-attitude-is-fading-from-the-market-what-that-means-for-you\/\">wiggle room<\/a> than you think.<\/p>\n<h3>Bottom Line<\/h3>\n<p>Right now, sellers are flexible on the price in ways they weren\u2019t before. Reach out to a local agent to take advantage of that flexibility.<\/p>\n<p><strong>You may be surprised by what\u2019s available \u2013 and how willing today\u2019s sellers are to work with buyers.<\/strong><\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"<p>You\u2019re scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app.\u00a0 Because even if you love the house, the numbers feel impossible. But here\u2019s the thing. Nationally, there are more homes sitting on the market than there are people out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6619,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-6618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"You&#039;re scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). 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