{"id":68,"date":"2026-10-01T10:00:00","date_gmt":"2026-10-01T10:00:00","guid":{"rendered":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/?p=68"},"modified":"2026-10-01T10:00:00","modified_gmt":"2026-10-01T10:00:00","slug":"price-reductions-hit-20-4-of-active-listings","status":"publish","type":"post","link":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/2026\/10\/01\/price-reductions-hit-20-4-of-active-listings\/","title":{"rendered":"Price Reductions Hit 20.4% of Active Listings"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/carol-smith-2\/mortgage-rates-sales-remotion-videos-aa54\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>Navigating the High Desert market means staying on top of the latest trends, and recently, I\u2019ve seen price reductions reach 20.4% of active listings nationally. Homes going under contract slipped by less than 1% in Mid-Q3, which ended an eight-month streak of steady gains as higher borrowing costs put pressure on buyers. The average 30-year fixed mortgage peaked around 6.7% early in the quarter, remained high for several weeks, and wrapped up more than 20 basis points above where it started. Despite this, our market activity stayed resilient: the national median list price dropped to $424,500, active listings climbed by about 4%, and new listings edged down just a bit. Fewer sellers chose to step back\u2014delistings fell around 13%\u2014and the slower pace gave buyers a bit more time and flexibility. Sellers who priced strategically still found success. As we look ahead, it\u2019s clear that steadier mortgage rates could be just as important as lower ones. If rates hover near 6.7%, we may see more price adjustments or listings pulled from the market. I\u2019m committed to helping my clients make informed decisions, no matter how the numbers shift\u2014because real estate isn\u2019t just about properties, it\u2019s about building the life you envision.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Navigating the High Desert market means staying on top of the latest trends, and recently, I\u2019ve seen price reductions reach 20.4% of active listings nationally. Homes going under contract slipped by less than 1% in Mid-Q3, which ended an eight-month streak of steady gains as higher borrowing costs put pressure on buyers. The average 30-year [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":69,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/posts\/68","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/comments?post=68"}],"version-history":[{"count":1,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/posts\/68\/revisions"}],"predecessor-version":[{"id":70,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/posts\/68\/revisions\/70"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/media\/69"}],"wp:attachment":[{"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/media?parent=68"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/categories?post=68"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sanbernardinocountyhomesearch.com\/blog\/wp-json\/wp\/v2\/tags?post=68"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}