Know The 25 Major Housing Markets With Biggest  Price Drops 

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Reductions are a sign sellers may be expecting too much for their properties, especially as the Fed’s increased interest rates have begun to put pressure  on buyers.

Here's the list of major housing markets with the biggest price drops.

01

Spokane, Washington

– September active listings: 1,389 – Percent of active listings with reduced prices: 60.6% – Median list price in August: $475,000

02

Charlotte, North Carolina

– September active listings: 5,424 – Percent of active listings with reduced prices: 60.8% – Median list price in August: $419,950

03

Knoxville, Tennessee

– September active listings: 1,667 – Percent of active listings with reduced prices: 61.2% – Median list price in August: $422,450

04

Reno, Nevada

– September active listings: 1,613 – Percent of active listings with reduced prices: 61.8% – Median list price in August: $622,225

05

Charleston, South Carolina

– September active listings: 2,247 – Percent of active listings with reduced prices: 62.0% – Median list price in August: $500,000

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