Marking them down

Home asking prices are reduced an average 10.6% nationwide. Miami (15%) and Jacksonville (12%) were tops in Florida. Read more

Average listing prices reductions in top cities:

1. Detroit: 23 percent
2. Las Vegas: 16 percent
3. Miami: 15 percent
4. Los Angeles: 12.1 percent
5. New York: 13 percent
6. Phoenix: 13 percent
7. Mesa, Ariz.: 13 percent
8. Jacksonville, Fla.: 12 percent
9. Long Beach, Calif.: 12 percent
10. San Francisco: 11 percent
11. Oakland, Calif.: 11 percent
12. Atlanta: 11 percent
13. Sacramento, Calif.: 11 percent
14. Cleveland: 11 percent