Cleveland sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Cleveland sellers are blinking. 12 active listings cut their asking price, totaling $625,905 shaved off original asks.
The largest percentage cut: 0 County Road 2252, now $279,000 after a 48.3% reduction from $540,000.
Most of the cuts came from the mid-market, where buyers have been waiting out high asks. Geographically, Tarkington Timbers leads. 5 of the 12 cuts came from there.
For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.
How Cleveland prices break down right now.
- <$250k16881%
- $250 to 500k2412%
- $500 to 750k31%
- $750k to 1M52%
- $1M+73%
Ranked by percentage cut.
- 1
$279,000▼ 48.3%$261,000 off0 County Road 2252Cleveland, TX· 678 days on marketJW Green, PLLC - 2
$100,000▼ 47.4%$90,000 off728 County Road 3554Cleveland, TX· 760 days on marketTexas United Realty - 3
$6,995▼ 33.4%$3,505 offTBD County Road 349Cleveland, TX· 362 days on marketInc Realty - 4
$70,000▼ 30.0%$30,000 off364 5102 HCleveland, TX4 beds · 1 bath · 1,824 sq ft· 113 days on marketTexas United Realty - 5
$38,600▼ 29.8%$16,400 off425 County Road 5041Cleveland, TX· 79 days on marketKeller Williams Elite - 6
$325,000▼ 27.8%$125,000 off19375 Highway 321Cleveland, TX· 235 days on marketConnect Realty.com - 7
$95,000▼ 26.9%$35,000 off215 CenterCleveland, TX1 bed · 1 bath · 390 sq ft· 135 days on marketLPT Realty, LLC - 8
$42,000▼ 23.6%$13,000 off1011 Tarkington TimbersCleveland, TX· 153 days on marketK. Hovnanian Homes - 9
$42,000▼ 23.6%$13,000 off1031 Tarkington TimbersCleveland, TX· 153 days on marketK. Hovnanian Homes - 10
$42,000▼ 23.6%$13,000 off1051 Tarkington TimbersCleveland, TX· 153 days on marketK. Hovnanian Homes - 11
$42,000▼ 23.6%$13,000 off1040 Tarkington TimbersCleveland, TX· 208 days on marketK. Hovnanian Homes - 12
$42,000▼ 23.6%$13,000 off389 County Road 2268Cleveland, TX· 208 days on marketK. Hovnanian Homes
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