By Brenden Rendo, Realtor · Updated September 27, 2026
Most buyers watching the Orlando area market see a price cut and wonder the same thing: is that the bottom, or is there more coming? One cut does not answer it. A seller can drop the price once to see what happens. When the same seller drops it again a week later, that is a different signal, and this week 77 homes across Orange, Seminole, Volusia, and Lake counties sent it.
- 1,354 Orlando area homes cut their asking price in the week ending September 21, 2026. By September 27, 77 of them had cut again.
- The median second cut was $8,300, or 2.03%. The median home on the list now sits $35,000, or 7.59%, below its original list price.
- These are not the stale listings. The median home has been on the market 40 days, and 40.26% are past 60 days, against 54.06% for all 1,319 price-reduced homes this week.
- Orange County leads with 33 homes. Seminole has 16, Volusia 15, and Lake 13.
- The full list, updated every Sunday, is on the Still Cutting page.
How I built this list
Every Sunday I pull every active residential listing in Orange, Seminole, Volusia, and Lake counties from Stellar MLS whose most recent price change in the prior seven days was a reduction. On September 21, 2026, that list held 1,354 homes. On September 27 I pulled it again and matched the two lists by MLS number. A home made this list if it was on the first one and is on the second one at a lower price.
Two limits worth knowing. First, this only sees two weeks. Some of these sellers cut before September 14 too, so "two weeks straight" is the minimum, not the full history. Second, these are asking prices, not sale prices. A price cut tells you what a seller is willing to try. It does not tell you what a buyer paid. Closed sales are a separate number, and I track those in the Central Florida housing market report.
This is the first week I have published this cut. It is one week, so it is a snapshot, not a trend. The trend starts next Sunday.
Where the 77 homes are
| County | Homes cut two weeks straight | Median cut since September 21 |
|---|---|---|
| Orange County | 33 | $10,000 |
| Seminole County | 16 | $10,000 |
| Volusia County | 15 | $5,000 |
| Lake County | 13 | $5,000 |
By city, Orlando has 22, Winter Garden 8, and Sanford 5, with Eustis, Clermont, and Deltona at 4 each. The list is mostly houses: 59 single-family homes, 10 condos, 6 townhouses, and 2 others. Prices run from $109,900 to $2,299,999, with a median of $385,000, so this is not a luxury story. 59 of the 77 are under $500,000.
The size of the second cut varies a lot. 37 sellers took off $10,000 or more. 4 took off less than $1,000, which is a nudge, not a decision. The biggest came in Longwood, where a home that first listed at $4,000,000 has now come down to $2,299,999.
The surprise: these sellers are not tired, they are fast
I expected the repeat cutters to be the homes that had sat the longest. They are not. Across all 1,319 price-reduced homes this week, 54.06% have been on the market more than 60 days. Among the 77 repeat cutters, it is 40.26%, and the median home has been listed for just 40 days.
That changes how to read them. A seller who cuts twice in the first six weeks is not worn down by a long listing. They are reacting to what they are seeing right now: fewer showings than they expected, feedback that points at price, maybe a purchase of their own on a clock. Those are the sellers who tend to answer an offer instead of ignoring it.
What a second cut means if you are buying
The mortgage math makes these cuts real money. The 30-year fixed rate was 7.03% on September 24, 2026, per Freddie Mac's Primary Mortgage Market Survey. At that rate, every $10,000 you do not borrow is roughly $67 a month off principal and interest on a 30-year loan. The median repeat cutter is already $35,000 below where it started.
A second cut is not a promise of a bigger discount on any one home. What it tells you is where to spend your time. These are the listings where an offer below the new asking price, or a request for closing-cost help, is most likely to get a counter instead of silence. The way to make that offer land is to have your financing lined up before you write it, so the seller is weighing a real buyer and not a maybe.
What it means if you are selling
If you are listing this fall, the lesson from these 77 homes is about the first price, not the second. Every one of them had a week between cuts where buyers watched and waited. Small cuts, like the 4 under $1,000, rarely move a buyer who is already comparing you with a home that cut $10,000. Pricing to the market on day one usually costs less than chasing it down in steps. If you want to see where your home would land right now, start with the home value estimator, then call me for the version that uses this week's comps.
Common questions
What does "cut two weeks straight" mean here?
The home was on the list of active listings whose most recent price change was a reduction in the week ending September 21, 2026, and it was on that list again on September 27 at a lower price. It may have cut before that as well.
Does a second price cut mean the seller will take less?
Not on its own. It means the seller has moved twice on price in a short window, which usually makes them more open to negotiation. Every home and seller is different, so the offer strategy still depends on the home.
How often is the list updated?
Every Sunday, from Stellar MLS. The current list, with every address, both prices, and the total off original list price, is on the Still Cutting page.
The full list of all 77 homes, with addresses and both prices, is on the Still Cutting page. If one of them fits what you are looking for, call or text me at 407-616-9019 and we will get your financing lined up first, then go see it. Brenden Rendo, The Homes In Orlando Team.
