-
January YoY: January 2026 saw just 85 cuts — a 25% drop from 2025.
-
Most Reductions: June 2022 tops the list with 538 reductions (26.2% of listings).
-
Fewest Reductions: December 2023 bottoms out at 76 reductions (6.2%).
-
Annual Reductions: 2024 had just 2,410 — down 4.8% vs. ‘23 and 51.8% vs. ‘21.
-
Tight Inventory: January ‘26 had only 1,087 listings, 2 fewer than January ‘25.
What Those Westchester Price Cuts Really Mean
Nationally, more sellers are cutting asking prices as rising inventory, and pickier buyers collide. According to Realtor.com, price cuts showed up on about 1 in 5 listings last June, the highest share since at least 2016. Perhaps surprisingly, despite all the bidding wars, Westchester has followed suit. Let’s take a closer look at what our own price-reduction data actually shows.
Ralph’s Take
Those big percentage swings in price cuts sound dramatic but remember: Westchester is operating on tiny inventory. With only about 1,100 listings, even small changes in reductions show up as big percentage moves. The real story is the pattern: June is usually our peak month for price cuts, with two recent exceptions: September 2024 and October 2025. So yes, cuts are happening here like the national headlines say — just against a backdrop of chronically low supply.
Enjoy this blog post? Click here to subscribe for updates
Leave A Comment