I’d say the past few months half the price reductions I’ve seen have been these “fake ones.” I’m not too concerned, probably at some point MLS software will be updated to stop promoting price reductions of less than 0.1%.
There’s also the infamous “raise price by $5,000, then weekly $1000 price cuts, then re-raise $5,000.”
With inventory so low, seems unnecessary to do anything to stand out from the crowd.
