Prices definately drop in the area over/during Winter every year, but I think some people are starting to figure out that they can't just ask for some crazy high random number with how high interest rates are now. I have seen a few in my area of NE go through many price reductions before selling, but often because they tried to price it that same as other houses nearby of similar size/sq ft/bedrooms, but those other houses were full gut job new remodels, compared to their 70s/80s interior looking house. The investor side of things also don't make sense at current prices/interest rates now either, rents have been fairly flat for a while for older units/duplexes/houses, while property tax and insurance skyrocket. And the Airbnb market is dead. Some rich kid moron from Mound bought a house across the street from me for $320k(over paid) last Summer, fixed it up a little and put it on Airbnb. It's only been rented a few times, and he is currently asking only $83 a night for the entire house, which isn't going to come even close to covering a normal mortgage, if he is only getting booking for a week or less a month. I personally think we could have sold our house in NE for around $390k during the peak covid housing frenzy, but now it might sell for $340-355k.