How to read price reductions and # of days on the market?

[Cecile Poyet]

Hi BP Community,

I visited Joshua Tree this past weekend, and I could not help but look at listings on Zillow. Questions for you:

1/ How do you read price reductions and price history? Examples here enclosed:

• 25K price reduction, on the market since November
• 192 days on Zillow, only small reduction
• Price reductions on this once since May 2018

You can find tons of listings like that. 

2/ How do you read the number of days a property has been on the market for? 

Thanks in advance for your expert tips.

Cécile