Price cuts
Reduced asking prices
Homes whose advertised price was cut, where the reduction still stands — a ledger of what sellers conceded, not a judgement of what the homes are worth.
Updated October 9, 2026 · Vísir Fasteignir, daily capture by Húsgreind
Wednesday 23 September· 2 weeks ago
5 of 23 cuts
Heiðarbraut 5d230 Reykjanesbær · Terraced · 7 rooms · 175 m²Re-advertised at a lower price−2.3%from 87.9to 85.9M490K/m²
Eskihlíð 22105 Reykjavík · Apartment · 3 rooms · 64 m²Re-advertised at a lower price−1.7%from 57.9to 56.9M889K/m²
Breiðavík 18112 Reykjavík · Apartment · 3 rooms · 99 m²Re-advertised at a lower price2nd cut−5.2% from the first recorded price, 72.5M−1.7%from 69.9to 68.7M696K/m²
Asparskógar 18300 Akranes · Apartment · 3 rooms · 76 m²Re-advertised at a lower price−1.5%from 65.9to 64.9M849K/m²
Hamraborg 36200 Kópavogur · Apartment · 3 rooms · 67 m²Re-advertised at a lower price2nd cut−2.5% from the first recorded price, 64.5M−0.5%from 63.2to 62.9M933K/m²
Tuesday 22 September· 2 weeks ago
15 of 19 cuts
Vesturvin V1 íb 601101 Reykjavík · Apartment · 3 rooms · 158 m²−16.8%from 234.5to 195.0M1238K/m²
Vesturvin V3 íb 108101 Reykjavík · Apartment · 4 rooms · 139 m²−14.0%from 138.9to 119.5M858K/m²
Vesturvin V2 íb 604101 Reykjavík · Apartment · 3 rooms · 161 m²−13.8%from 260.0to 224.0M1396K/m²
Vesturvin V3 íb 107101 Reykjavík · Apartment · 4 rooms · 125 m²−12.2%from 126.0to 110.7M886K/m²
Vesturvin V1 íb 602101 Reykjavík · Apartment · 3 rooms · 182 m²−11.5%from 259.9to 230.0M1265K/m²
Furugerði 6108 Reykjavík · Detached · 8 rooms · 304 m²−10.0%from 220.0to 198.0M650K/m²
Ánanaust 1 Vesturvin 2 605101 Reykjavík · Apartment · 4 rooms · 164 m²−8.4%from 245.0to 224.5M1368K/m²
Flétturimi 7112 Reykjavík · Apartment · 4 rooms · 102 m²Re-advertised at a lower price−6.7%from 74.9to 69.9M685K/m²
Vesturvin V1 íb 103101 Reykjavík · Apartment · 3 rooms · 126 m²−6.0%from 119.2to 112.0M886K/m²
Orkureiturinn A 701108 Reykjavík · Apartment · 4 rooms · 183 m²Re-advertised at a lower price−5.6%from 285.0to 269.0M1474K/m²
Jörfabakki 30109 Reykjavík · Apartment · 3 rooms · 85 m²−4.8%from 62.9to 59.9M702K/m²
Dalbrekka 14200 Kópavogur · Apartment · 2 rooms · 67 m²2nd cut−6.7% from the first recorded price, 67.5M−3.8%from 65.5to 63.0M940K/m²
Burknavellir 17B221 Hafnarfjörður · Apartment · 2 rooms · 72 m²Re-advertised at a lower price3rd cut−7.9% from the first recorded price, 58.5M−3.6%from 55.9to 53.9M751K/m²
Hverfisgata 88101 Reykjavík · Apartment · 3 rooms · 97 m²4th cut−10.0% from the first recorded price, 99.9M−3.2%from 92.9to 89.9M925K/m²
Vallarbarð 1220 Hafnarfjörður · Apartment · 2 rooms · 84 m²Re-advertised at a lower price2nd cut−7.7% from the first recorded price, 64.9M−3.2%from 61.9to 59.9M713K/m²
These are ASKING prices, not sold prices. A lower advertised price is not evidence that the property’s market value fell. Húsgreind sees only changes made since it began watching each home, so earlier changes may be missing.
A cut is measured against the price that stood immediately before it. When a home has been cut more than once, the net change from the first recorded price is shown separately. Price history follows the HOME, not the advert: when a home is re-advertised under a new listing id its earlier asking prices still count, and a cut carried by the new advert is dated to it. A home several agencies advertise at once is counted once, at the asking price the listings grid shows for it, under the advert that was cut to that price.