Galveston sellers blinked: the biggest price cuts this week
Homes whose asking price came down hardest, leverage points for buyers.
Galveston sellers are blinking. 12 active listings cut their asking price, totaling $1,252,499 shaved off original asks.
The largest percentage cut: 13613 Pirates Beach Boulevard, now $110,000 after a 41.8% reduction from $189,000. The biggest dollar cut went to 18419 De Vaca. $500,000 off the original ask.
2 of the 12 were originally over $1M. the high end is where pricing pressure is concentrated right now.
For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.
How Galveston prices break down right now.
- <$250k6839%
- $250 to 500k5129%
- $500 to 750k1911%
- $750k to 1M116%
- $1M+2715%
Ranked by percentage cut.
- 1
$110,000▼ 41.8%$79,000 off13613 Pirates Beach BoulevardGalveston, TX· 533 days on marketColdwell Banker Realty - The Woodlands - 2
$425,000▼ 25.4%$145,000 off4110 2nd StreetGalveston, TX4 beds · 4 baths · 2,655 sq ft· 315 days on marketGalveston Island Real Estate - 3
$160,000▼ 19.6%$39,000 off23166 Verano DriveGalveston, TX· 420 days on marketBetter Homes and Gardens Real Estate Gary Greene - Galveston - 4
$649,000▼ 18.4%$146,000 off3709 RiceGalveston, TX3 beds · 3 baths · 1,702 sq ft· 468 days on marketEdmonson & Associates - 5
$235,000▼ 17.5%$50,000 off2216 GroverGalveston, TX2 beds · 1 bath · 720 sq ft· 339 days on marketSWK Realty Group LLC - 6
$2,400,000▼ 17.2%$500,000 off18419 De VacaGalveston, TX7 beds · 6 baths · 4,764 sq ft· 534 days on marketTexas Premier Realty - 7
$125,000▼ 16.7%$25,000 off5407-5409 Avenue OGalveston, TX1 bath · 2,192 sq ft· 146 days on marketOne Property Grp - 8
$146,500▼ 16.3%$28,500 off9520 SeawallGalveston, TX2 beds · 2 baths · 766 sq ft· 107 days on marketMy Galveston Getaway, Inc. - 9
$895,000▼ 14.8%$155,000 off3802 Sea UrchinGalveston, TX4 beds · 3 baths · 1,910 sq ft· 342 days on marketSand N Sea Properties, LLC - 10
$65,000▼ 13.3%$10,000 offTBD 10 Mile RoadGalveston, TX· 56 days on marketeXp Realty, LLC - 11
$380,000▼ 11.6%$49,999 off26550 MangroveGalveston, TX3 beds · 2 baths · 1,427 sq ft· 574 days on marketKeller Williams Elite - 12
$225,000▼ 10.0%$25,000 off4203 Sunset BayGalveston, TX· 54 days on marketGreenwood King Properties - Kirby Office
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