[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f33sr79hl41hvf":3,"$ffeh0925h8cuz":47,"$fbwk2pqjjqsc7":51},{"item":4,"previous":35,"next":41},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":33,"updatedAt":34},108772,"lower-asking-prices-are-a-win-for-todays-buyers","Lower Asking Prices Are a Win for Today’s Buyers","\u003Cp>If affordability has been the biggest thing standing between you and a home, there's a little good news.\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260609\u002FHeader-Image-GettyImages-83802508-original.png","\u003Cp>If affordability has been the biggest thing standing between you and a home, there's a little good news.\u003Cstrong> \u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Asking prices have started to come down.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>The typical seller listed their house for a median of $429,500 in May. That’s 2.4% lower than a year ago, according to \u003Ca target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002FMay-2026-data\u002F\">\u003Cem>Realtor.com\u003C\u002Fem>\u003C\u002Fa>. On its own, that won't transform what you can afford, but in today’s market every little bit helps and it signals a broader shift taking place.\u003C\u002Fp>\u003Ch4>\u003Cstrong>Buyers Are Finally Catching a Break\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>\u003Cstrong>Check out this \u003C\u002Fstrong>\u003Ca target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002FMay-2026-data\u002F\">\u003Cstrong>data\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong> from \u003Cem>Realtor.com\u003C\u002Fem> and you can see this is the first May in years where buyers have caught any sort of break price-wise.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Each May from 2022-2025, things held pretty steady. But this year? You can see that more noticeable shift in your favor \u003Cem>(see graph below)\u003C\u002Fem>:\u003C\u002Fp>\u003Cp>\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260609\u002F20260610-Asking-Prices-original.png\" alt=\"a graph of sales in different colors\">\u003C\u002Fp>\u003Cp>While the dip from $440,000 to $429,500 isn’t a big one, it gives you more breathing room. And that’s not a small thing when affordability has been this tough.\u003C\u002Fp>\u003Cp>Now, lower asking prices don’t mean every home is suddenly within your range. But they do show buyers are gaining a little ground.\u003C\u002Fp>\u003Cp>And in today’s market, a little ground can go a long way. \u003C\u002Fp>\u003Ch4>\u003Cstrong>What That Means for the Housing Market\u003C\u002Fstrong>\u003C\u002Fh4>\u003Cp>And just in case this crossed your mind, \u003Cstrong>this is good news for your move, not bad news for the market as a whole.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>The subtle dip from last May to this one shows prices are easing, but they’re not dropping off a cliff. What this is actually a sign of is that the market’s \u003Ca target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2026\u002F04\u002F23\u002F3-things-that-are-not-going-to-happen-in-todays-housing-market\">rebalancing\u003C\u002Fa> now that the number of homes for sale \u003Ca target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\u002F\u002Fwww.keepingcurrentmatters.com\u002F2026\u002F04\u002F22\u002Fmore-options-are-popping-up-this-spring\">has grown\u003C\u002Fa>.\u003C\u002Fp>\u003Cp>Buyers have a bit more power again, and sellers know they can't name just any price and expect their house to sell. They either meet the market where it is, or face a price cut later. And in general, sellers would rather \u003Cem>avoid \u003C\u002Fem>a price cut. As the \u003Cem>New York Post\u003C\u002Fem> explains:\u003C\u002Fp>\u003Cblockquote>\u003Cp>\"\u003Cem>Rather than swinging for the fences with pandemic-era price tags, sellers are increasingly coming to terms with a new reality. \u003C\u002Fem>\u003Cstrong>\u003Cem>The share of listings featuring price cuts actually fell to 17.5% in May, suggesting homeowners are doing their homework before putting up a “For Sale” sign\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem> instead of chasing unrealistic numbers and cutting later.\u003C\u002Fem>\"\u003C\u002Fp>\u003C\u002Fblockquote>\u003Cp>This signals a broader change in the market.\u003C\u002Fp>\u003Cp>Seller expectations have been skewed a little high since the pandemic buying frenzy – you've probably felt that firsthand. But now, things are starting to normalize. It could mean less back-and-forth to land on a fair number. And homes should be priced a bit more realistically from the start.\u003C\u002Fp>","\u003Cp>If affordability has been your top concern, the recent dip in prices is an opening. Want to see what that looks like in our area? Let’s connect.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260609\u002F20260610-Asking-Prices-original.png",false,[17,21,25,29],{"id":18,"name":19,"slug":20},5,"For Buyers","buyers",{"id":22,"name":23,"slug":24},9,"Home Prices","home-prices",{"id":26,"name":27,"slug":28},322,"Affordability","affordability",{"id":30,"name":31,"slug":32},323,"Buying Tips","buying-tips","2026-06-10T10:30:00Z","2026-06-09T06:25:03Z",{"id":36,"slug":37,"title":38,"featuredImage":39,"publishedAt":40,"contentType":10,"isVideo":15},108614,"could-moving-a-bit-further-out-change-everything-about-your-budget","Could Moving a Bit Further Out Change Everything About Your Budget?","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002FHeader-Image-Reasons-to-Own-2023-29--original.png","2026-06-08T10:30:00Z",{"id":42,"slug":43,"title":44,"featuredImage":45,"publishedAt":46,"contentType":10,"isVideo":15},108801,"two-big-reasons-to-move-this-summer","Two Big Reasons To Move This Summer","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260610\u002FHeader-Image-GettyImages-171021376-original.png","2026-06-11T10:30:00Z",{"cover":48,"open":49,"shareSpread":50},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Buyers-Guide-Magazine-original.png",[52,56,57,61,65,69,70,74,78,82,86,90,94,98,102,106,110,114,118,122,126,130,131,132,136,140,144,148,152,156],{"id":53,"name":54,"slug":55},1,"Uncategorized","uncategorized",{"id":18,"name":19,"slug":20},{"id":58,"name":59,"slug":60},6,"For Sellers","sellers",{"id":62,"name":63,"slug":64},7,"Foreclosures","foreclosures",{"id":66,"name":67,"slug":68},8,"Infographics","infographics",{"id":22,"name":23,"slug":24},{"id":71,"name":72,"slug":73},11,"First-Time Buyers","first-time-buyers",{"id":75,"name":76,"slug":77},34,"Senior Market","senior-market",{"id":79,"name":80,"slug":81},35,"Mortgage Rates","mortgage-rates",{"id":83,"name":84,"slug":85},38,"Move-Up","move-up",{"id":87,"name":88,"slug":89},41,"For Sale by Owner","for-sale-by-owner",{"id":91,"name":92,"slug":93},42,"Featured","featured",{"id":95,"name":96,"slug":97},45,"New Construction","new-construction",{"id":99,"name":100,"slug":101},52,"Luxury \u002F Vacation","luxury--vacation",{"id":103,"name":104,"slug":105},53,"Rent vs. Buy","rent-vs-buy",{"id":107,"name":108,"slug":109},80,"Time-sensitive","time-sensitive",{"id":111,"name":112,"slug":113},81,"Outdated","outdated",{"id":115,"name":116,"slug":117},147,"Internal","internal",{"id":119,"name":120,"slug":121},148,"Do Not Autopost","do-not-autopost",{"id":123,"name":124,"slug":125},320,"Inventory","inventory",{"id":127,"name":128,"slug":129},321,"Agent Value","agent-value",{"id":26,"name":27,"slug":28},{"id":30,"name":31,"slug":32},{"id":133,"name":134,"slug":135},324,"Downsize","downsize",{"id":137,"name":138,"slug":139},325,"Economy","economy",{"id":141,"name":142,"slug":143},326,"Equity","equity",{"id":145,"name":146,"slug":147},327,"Forecasts","forecasts",{"id":149,"name":150,"slug":151},328,"Selling Tips","selling-tips",{"id":153,"name":154,"slug":155},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":157,"name":158,"slug":159},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]