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Barchart
Barchart
Meredith Margrave

5 Cities Where Home Prices Have Actually Dropped in 2023

As the leaves change color and the air grows crisper, there's more than just pumpkin spice and cozy sweaters to be excited about — especially for prospective homebuyers.

"Historically, in the spring and summer, average prices tend to be about 7% higher, and you can also expect more multiple-offer situations," says Trey Blanco, a licensed realtor with Bramlett Residential in Austin, one of the previously white-hot markets that have finally started to cool.

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