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Luxury Homes Selling Below Asking | Australia News
Description
Luxury homes across the country are hitting the brakes on price tags as buyers flex their negotiating power—some listings saw discounts of up to 48%, with a historic Cleveland estate selling for half its original asking price. From Vegas to Tampa to LA, top-tier properties are moving below list prices, though San Francisco bucks the trend with AI-fueled surges and one mansion selling for nearly 90% over asking in just ten days. The data, based on public listings, reveals a clear shift: sellers are adjusting, and buyers are calling the shots.
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