{"id":9659,"date":"2026-06-05T14:00:00","date_gmt":"2026-06-05T21:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9659"},"modified":"2026-06-05T14:00:00","modified_gmt":"2026-06-05T21:00:00","slug":"home-price-reductions-decline-in-april","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/home-price-reductions-decline-in-april\/","title":{"rendered":"Home-Price Reductions Decline in April"},"content":{"rendered":"
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In April, 35.4% of U.S. home sellers cut their asking prices, slightly down from 35.6% in March and below the August peak of 36.6%. The average price cut was 4%. However, 21 metros saw increases in price reductions, with Phoenix rising to 50.8%, Seattle to 29.5%, and Orlando to 47.8%. San Antonio had the highest share at 58.7%, followed by Austin at 55.8%, Phoenix, Dallas, and Tampa.<\/p>\n

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In April, 35.4% of U.S. home sellers cut their asking prices, slightly down from 35.6% in March and below the August peak of 36.6%. The average price cut was 4%. However, 21 metros saw increases in price reductions, with Phoenix rising to 50.8%, Seattle to 29.5%, and Orlando to 47.8%. San Antonio had the highest […]<\/p>\n","protected":false},"author":1,"featured_media":9660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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":[3],"tags":[],"class_list":["post-9659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2vN","jetpack-related-posts":[{"id":9703,"url":"https:\/\/lisamillerpllc.com\/staging\/top-cities-offering-great-home-price-reductions\/","url_meta":{"origin":9659,"position":0},"title":"Top Cities Offering Great Home Price Reductions","author":"admin","date":"June 19, 2026","format":false,"excerpt":"The housing market remains hot with rising prices causing affordability concerns, though some areas show notable price cuts. Nationally, 16.7% of active listings had price reductions in April, lower than last year. Sun Belt and Mountain West markets, including Phoenix (29.1%), Tampa (25.13%), San Antonio (24.95%), Denver (24.35%), and Portland\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-6.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-6.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-6.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-6.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1-6.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8945,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-metro-homes-selling-moderately-fast-in-mid-fall\/","url_meta":{"origin":9659,"position":1},"title":"Phoenix Metro Homes Selling Moderately Fast in Mid-Fall","author":"admin","date":"November 26, 2025","format":false,"excerpt":"Inventory grew 23.4% year-over-year in October 2025. Median list price fell 4.7% to $495,000. Buyer activity softened slightly despite higher listings. Homes spent 7 days on market, consistent with regional trends. Price reductions affected 0.7% of listings, very low.","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/11\/phoenix-selling-fast_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8794,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-homeownership-becomes-easier-in-2025\/","url_meta":{"origin":9659,"position":2},"title":"Phoenix Homeownership Becomes Easier in 2025","author":"admin","date":"September 24, 2025","format":false,"excerpt":"Phoenix affordability improved as buyer-required income declined in 2025. Affordability gains followed housing price reductions and inventory increases. Market shifted into buyer\u2019s territory over eight months. Sellers now offer concessions up to $15,000 for buyers. Phoenix\u2019s affordability outlook remains cautiously positive.","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/09\/phoenix-homeownership-easier_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9438,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-homebuyers-enjoy-new-opportunities-as-prices-drop\/","url_meta":{"origin":9659,"position":3},"title":"Phoenix Homebuyers Enjoy New Opportunities as Prices Drop","author":"admin","date":"April 10, 2026","format":false,"excerpt":"Phoenix's housing market shifted toward buyers with a nearly 12% increase in active inventory and a 7.6% drop in median list prices. Over 25% of listings had price cuts, signaling strong buyer negotiating power. Homes stayed on the market longer, averaging 54 days. Sellers face stiff competition and must price\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-14.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-14.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-14.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-14.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-14.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9296,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-buyers-to-enjoy-more-affordable-homes-by-2026\/","url_meta":{"origin":9659,"position":4},"title":"Phoenix Buyers to Enjoy More Affordable Homes by 2026","author":"admin","date":"March 3, 2026","format":false,"excerpt":"The Valley housing market has about 22,000 homes for sale with prices declining, favoring buyers who have more choices and negotiating power. Sellers must price realistically, often paying closing costs or offering reductions, as some homes linger over 150 days. A proposed ban on institutional investors buying single-family homes could\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9961,"url":"https:\/\/lisamillerpllc.com\/staging\/arizona-semiconductors-vs-water-risk\/","url_meta":{"origin":9659,"position":5},"title":"Arizona: Semiconductors vs. Water Risk","author":"admin","date":"September 7, 2026","format":false,"excerpt":"Arizona\u2019s evolving investment landscape is making headlines, especially with the semiconductor boom reshaping Phoenix and nearby areas. With more than 140,000 semiconductor-related jobs in the region, and demand projected to grow around North Phoenix and Chandler\u2019s fabrication hubs, it\u2019s no surprise that investors are eyeing the market closely. The completion\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/09\/arizona-florida-growth-remotion-videos-d167_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/06\/1.jpg?fit=1080%2C1080&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9659"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9659\/revisions"}],"predecessor-version":[{"id":9661,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9659\/revisions\/9661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9660"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}