Yes. The widely cited price-cut stats count any reduction, even $1,000, so read the trend and skip the dollar size. The metric tracks the share of listings that have lowered their price at all, so a $1,000 trim registers the same as a meaningful drop. That cuts both ways. The "percent of homes with a price cut" can look dramatic when many of those cuts are token, sometimes just a nudge to refresh a listing's position on the portals. At the same time, the trend still carries information: when the share of listings taking any cut climbs to unusually high levels for the time of year, sellers are meeting more resistance, and that's worth watching. Two ways to use the number well: - Watch direction, and watch it locally. A rising share of cuts means buyers have gained a little leverage, and your metro's figure matters far more than a national blend of thousands of very different markets. - Treat any single small cut as noise. One seller's $1,000 trim on one listing tells you nothing about your market.