Overview

• The report projects roughly 32.6% more active listings than early this year, 30.6% less competition, and listing prices about 3.4% below seasonal peaks.
• Potential savings average about $15,000 off a median‑priced $439,450 home compared with summer highs, according to the analysis.
• Active listings topped 1 million in late spring for the first time in years, and homes in October typically spend about two weeks longer on the market.
• October is also among the strongest periods for markdowns, with about 5.5% of listings seeing price cuts during the identified week and fresh listings running about 15.7% above early‑year levels.
• Timing varies by market, with New York, Philadelphia, Chicago, Atlanta, and Dallas peaking earlier; Houston, Los Angeles, and Washington, D.C. aligning with mid‑October; and Florida metros such as Miami and Tampa skewing to late October through December.