More than two in five Encanterra transactions are now showing a loss. Losses reach past $200K on the worst closed deals, and $100K-plus hits appear across every listing stage.
of transactions are clearing at a loss, across active, pending, closed and canceled/ expired listings.
visible losses at or above $100K, including the worst closed deal at $204K.
Pressure shows up in every listing status, from active inventory to completed sales.
Sellers are losing money on nearly every other transaction. The pressure is not isolated to one corner of the market.
Where active listing losses may settle once stale pricing clears.
Closed and canceled / expired data cover this period.
Active listings already show a 38% loss rate, and the dataset suggests the real figure could be closer to 50% as more price cuts hit the market.
Properties leaving the market without selling often carry six-figure paper losses, a sign many asking prices are still above market-clearing levels.
Completed sales are not escaping the pressure: 35% of closed transactions show a visible loss, with the worst hitting $204K.