In the trailing 30 days of MLS closed-sale records, ZIP code 89705 leads with 21 price cuts among its active listings, accounting for 31% of those listings. Here's a look at which ZIP codes in Carson City have seen the most home sellers cutting prices over this period.
1. ZIP 89705
ZIP code 89705 has seen 21 price cuts among its 68 active listings, representing 31% of all active listings. The median cut was 2.9%, indicating that on average, sellers are reducing their prices by nearly 3%.
2. ZIP 89703
ZIP code 89703 also saw 21 price cuts among its 68 active listings, with 31% of those listings experiencing a reduction in price. The median cut was 2.5%, suggesting that sellers are adjusting their prices by an average of about 2.5%.
3. ZIP 89701
With 29 price cuts among its 109 active listings, ZIP code 89701 has a cut share of 27%. The median cut was 2.4%, showing that sellers are typically reducing their prices by around 2.4%.
4. ZIP 89706
ZIP code 89706 saw 8 price cuts among its 38 active listings, representing a cut share of 21%. The median cut was 1%, indicating that on average, sellers are reducing their prices by just over 1%.
What this data does and doesn't say
This ranking is computed from MLS closed-sale and active-listing records, covering only residential properties. The figures represent medians over the trailing 30 days. Single-month medians in thin segments may not be entirely representative of long-term trends. These figures come from the same dataset behind the Biggest Little Market Report.
Questions people ask
- How many homes are actively listed with price cuts?
ZIP code 89705 has 21 listings with recent price cuts, while ZIP codes 89703 and 89701 each have 21 and 29 listings with recent cuts respectively.
- What percentage of homes are cutting prices in these ZIPs?
In ZIP code 89705, 31% of active listings have seen price reductions. Similarly, ZIP codes 89703 and 89701 also see 31% and 27% of their listings with recent cuts respectively.
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