U.S. Metro Home Prices Decline | $799 full-service listing program

In Mid-Q3, the nationwide median listing price per sq-ft fell ↓1.8% yearly, extending a broad cooling trend as the market moved toward more typical conditions.
That marked the 10th straight month of yearly declines, adding evidence that recent pricing has been normalizing after several years of unusually strong growth.
Across the 50 largest US metros, 36 posted yearly declines in median listing price per sq-ft, showing the slowdown had spread broadly nationwide.
Higher mortgage rates and growing inventory shaped this shift, as affordability pressure made buyers more selective and pushed sellers toward more realistic asking prices.
Experts said ongoing price corrections in former boom markets could give buyers more negotiating power in Early-Fall, as market balance gradually shifted away from sellers.