Updated October 2026
If you've been asking yourself whether now is a good time to sell your house, you're not alone. It's one of the most common questions homeowners face — and unfortunately, one of the hardest to get a straight answer on.
Real estate agents will often tell you the market is always a good time to sell. The headlines swing between "housing boom" and "market crash" depending on the week. Neither is particularly useful if you're trying to make a real decision about your home.
So we looked at the actual data — price cuts, days on market, inventory levels, and sale trends — across the Western U.S. markets we operate in. Here's what we found.
The Honest Answer- It Depends on Where You Live
The national housing market in the fall of 2026 looks very different depending on which direction you're facing. Nationally, the median list price has declined year over year for 11 consecutive months — and more than 1 in 5 homes listed for sale has taken a price reduction, the highest September reading since 2018, according to Realtor.com. The National Association of Realtors reported 4.9 months of housing supply in August, the highest level in over a decade. And the 30-year fixed mortgage rate crossed 7.28% in early October — its highest level since November 2023 — which is shrinking the pool of qualified buyers in every market.
None of that means it's a bad time to sell. It means the answer depends almost entirely on where your home is. In some markets, supply is so tight that well-priced homes still move fast. In others, sellers are cutting prices and watching buyers take their time. Here's what the data looks like on the ground across the markets where we buy homes, as of September 2026.
Markets Where Sellers Are Feeling the Pressure
In several of the markets we buy homes, the data has shifted meaningfully toward buyers over the past year. Inventory is up, homes are sitting longer, and price reductions have become the most common outcome for sellers who overprice. Here's what the numbers look like on the ground as of September 2026, sourced from Realtor.com via Reventure.
Salt Lake City, Utah is showing the most significant seller pressure of any market we track. As of September 2026, 44% of active listings had already taken a price reduction before selling — the highest share in the dataset. Active inventory is up more than 17% year over year, which means buyers have more options and less urgency to move quickly. If you're priced at the top of the market here, the data says you're likely to end up cutting anyway.
Denver's market has continued moving in the same direction since spring. As of September 2026, roughly 41% of active listings had a price cut, and the median home sat on the market for 58 days before going under contract. Inventory is up nearly 7% year over year. For sellers in Denver, the window to command full asking price has narrowed considerably over the past year.
Colorado Springs continues to rank among the slower markets in the region. The median home is sitting on the market for 67 days as of September 2026 — the longest of any market we track. Nearly 38% of active listings have taken price reductions, and inventory has grown about 9% year over year. Sellers who need to move quickly are often finding that their timeline doesn't match what the market is willing to offer.
Dallas has more active inventory than any other market we track — nearly 30,000 listings as of September 2026. About 34% of those have already taken a price reduction, and the median home is spending 62 days on market. Prices are essentially flat year over year. For sellers, that means a lot of competition and buyers who know they have options. Pricing right from the start matters more here than in most markets.
Sacramento has seen a meaningful shift since earlier this year. As of September 2026, nearly 29% of active listings have taken price reductions, up from around 21% just a few months ago. Median list prices are down about 2.6% year over year, and homes are taking an average of 51 days to go under contract. It's not the most stressed market in California, but the trend has moved in the seller-unfavorable direction over the summer.
The Inland Empire has seen gradual softening continue through the summer. Median list prices in the Riverside metro are down about 1.7% year over year as of September 2026, and roughly 23% of active listings have taken price cuts. Homes are spending an average of 64 days on market, and inventory is up about 10% compared to last year. Conditions here have been relatively stable but are slowly drifting toward buyers.
Southern Nevada (Las Vegas) has shown some mixed signals this fall. Median list prices are down about 2% year over year, and about 31% of active listings have taken price reductions as of September 2026. Days on market have stabilized closer to the regional average at 58 days. It's not the most difficult market for sellers right now, but pricing discipline still matters — nearly a third of listings are going through at least one reduction before closing.
Markets That Are Still Holding Up.
Not every market is softening. In a few areas, tight supply and faster absorption times still give sellers a meaningful advantage — or at least a more level playing field.
The Bay Area continues to move faster than any other market we track. As of September 2026, the median home went under contract in just 37 days, and active inventory is down more than 10% compared to a year ago — meaning there are fewer homes competing for buyers' attention. Median list prices have softened slightly year over year, but homes here are not sitting. If speed of sale matters to you, the Bay Area market is still doing what it does.
Reno, Nevada remains one of the tighter supply environments in the dataset. Active inventory is down more than 16% year over year as of September 2026, and homes are going under contract in about 54 days. The strong price appreciation the market saw earlier has moderated — prices are essentially flat year over year now — but the supply picture still favors sellers relative to most Western markets. Fewer competing listings means less pressure to cut your price.
Los Angeles County has seen some improvement compared to earlier in 2026. Median list prices are down about 4.5% year over year as of September — a meaningful moderation from the steeper declines tracked in the spring. About 20% of active listings have taken price reductions, and the median home is spending 56 days on market. It's not a seller's market, but the pace of softening has slowed. Sellers who are realistic about pricing are still moving homes.
Why Do So Many Sellers End Up Cutting Their Price?
This is the question worth sitting with, especially in the softer markets.
Most price reductions aren't planned. Sellers list at a number they hope the market will meet, wait through weeks of low traffic and tepid offers, and eventually reduce to attract a serious buyer. By the time the home closes, they've often netted less than an early, realistic pricing strategy would have delivered — plus carrying costs, additional mortgage payments, and the stress of an extended process.
In markets where 27–30% of listings are taking cuts, that isn't a fringe outcome. It's the most common one. This pattern shows up especially often with inherited properties, rental properties, and homeowners looking to downsize — situations where a fast, certain close often matters as much as top dollar.
Good to Know
For homeowners in markets where inventory is rising and days on market are climbing, the comparison between a traditional sale and a cash offer looks different than it did two or three years ago.
A cash offer from Wedgewood Homes means no repairs before listing, no open houses, no contingencies, and no waiting on a buyer's financing to come through. There are no agent commissions or hidden fees. You pick the closing timeline that works for you.
Should You Sell Your House Now?
If you're in Salt Lake City, Las Vegas, Denver, Colorado Springs, Sacramento, or the Inland Empire — the data suggests that waiting for the market to improve is not a reliable strategy. Inventory is rising, competition is increasing, and price cut rates suggest many sellers are already finding that out the hard way.
If you're in the Bay Area or Reno, the market is more favorable right now, though the certainty and speed of a cash offer still has real value depending on your situation.
Either way, the best starting point is knowing your options. A no-obligation cash offer costs you nothing to explore — and gives you a real number to compare against whatever a traditional listing might deliver.
Curious what your home could sell for off-market? Get a no-obligation cash offer from Wedgewood Homes — no repairs, no fees, no waiting.
Wedgewood Homes buys homes for cash across California, Nevada, Utah, Colorado, and Texas. Market data sourced from Realtor.com, September 2026. Mortgage rate data: Trading Economics, October 2026. Supply data: National Association of Realtors, August 2026.
