Interesting shifts are emerging in the real estate landscape, and recent numbers highlight just how dynamic our market has become. In August, seller concessions rose to 44.7%—the highest we’ve seen since 2020. This uptick suggests that as demand builds and the lock-in effect weakens, sellers are making more adjustments. Delistings dropped by 12.6% compared to last year, and notably, 15.8% of sales included both price reductions and concessions. The Sun Belt is leading the way in these trends, with Atlanta seeing an impressive 72.8%. Having worked in both residential and commercial markets in Las Vegas and Henderson since 2002, I’m closely watching these patterns to help my clients make strategic moves—whether you’re considering a sale, a purchase, or a lease.
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