This week, Trulia announced that 22 percent of listings currently on the market in the United States as of June 1, 2010 experienced at least one price reduction, which is a slight decrease from 23.6 percent in June 2009.
In Boston, 31% of all listings as of June 1, 2010 had a price reduction. The average price reduction was 7%. Boston had a total of $51,934,755 in price reductions in June 2010.