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 8, 2026 · Vísir Fasteignir, daily capture by Húsgreind
Wednesday 7 October· yesterday
20 of 27 cuts
Garðabraut 1 - 301300 Akranes · Apartment · 3 rooms · 83 m²Re-advertised at a lower price−7.9%from 68.4to 63.0M758K/m²
Hátún 4105 Reykjavík · Apartment · 1 room · 28 m²Re-advertised at a lower price2nd cut−7.9% from the first recorded price, 39.0M−5.3%from 37.9to 35.9M1305K/m²
Hringhamar 31 Íb 404221 Hafnarfjörður · Apartment · 4 rooms · 109 m²Re-advertised at a lower price−4.8%from 83.9to 79.9M732K/m²
Drekagil 28603 Akureyri · Apartment · 2 rooms · 64 m²Re-advertised at a lower price−4.5%from 44.9to 42.9M667K/m²
Virkisás 22 - auka íbúð221 Hafnarfjörður · Detached · 9 rooms · 316 m²Re-advertised at a lower price+14.2% from the first recorded price, 175.0M−4.4%from 209.0to 199.8M632K/m²
Fossvogsbrún 6200 Kópavogur · Detached · 5 rooms · 151 m²Re-advertised at a lower price−4.0%from 124.5to 119.5M789K/m²
Fornagil 5603 Akureyri · Semi-detached · 4 rooms · 189 m²Re-advertised at a lower price−3.7%from 144.9to 139.5M738K/m²
Hringhamar 31221 Hafnarfjörður · Apartment · 4 rooms · 217 m²−3.6%from 82.9to 79.9M368K/m²
Mánatún 13 íbúð 108105 Reykjavík · Apartment · 3 rooms · 105 m²Re-advertised at a lower price−3.3%from 89.9to 86.9M827K/m²
Laugaborg 0508105 Reykjavík · Apartment · 3 rooms · 93 m²Re-advertised at a lower price−3.1%from 95.9to 92.9M995K/m²
Gullengi 39112 Reykjavík · Apartment · 3 rooms · 86 m²−2.9%from 69.9to 67.9M790K/m²
Daltún 34200 Kópavogur · Semi-detached · 7 rooms · 239 m²−2.9%from 174.9to 169.9M711K/m²
Torfufell 2111 Reykjavík · Terraced · 6 rooms · 158 m²−2.8%from 89.9to 87.4M552K/m²
Flétturimi 38112 Reykjavík · Apartment · 3 rooms · 86 m²Re-advertised at a lower price−2.8%from 71.9to 69.9M815K/m²
Norðurbakki 23220 Hafnarfjörður · Apartment · 4 rooms · 82 m²Re-advertised at a lower price−2.4%from 83.8to 81.8M998K/m²
Torfufell 48111 Reykjavík · Apartment · 4 rooms · 97 m²Re-advertised at a lower price−2.0%from 69.9to 68.5M708K/m²
Holtsflöt 4300 Akranes · Apartment · 4 rooms · 137 m²Re-advertised at a lower price−1.9%from 73.9to 72.5M530K/m²
Dalsbraut 6260 Reykjanesbær · Apartment · 4 rooms · 103 m²−1.7%from 66.0to 64.9M632K/m²
Hagamelur 32107 Reykjavík · Apartment · 4 rooms · 119 m²Re-advertised at a lower price−1.7%from 114.9to 112.9M947K/m²
Hólagata 28900 Vestmannaeyjar · Apartment · 5 rooms · 206 m²−1.4%from 78.0to 76.9M373K/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.