Sellers' price expectations are beginning to set in. List prices

 Here are the highlights for the week ending September 4, 2022:

Sellers' price expectations are beginning to set in. List prices had been lowered for nearly 53% of homes active on the market during the week ending September 4. The number of weekly new purchase contracts across the Bright MLS footprint remains significantly lower than in either 2020 or 2021. However, new contract activity was about 

the same as the same week in 2019, after several weeks of trailing 2019 levels. New listings are up this week. 

During the week ending September 4, there were 5,689 total new listings coming onto the market across the Bright footprint. 

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