U.S. home sellers with properties on the market as of Nov. 1 had slashed asking prices by $28.1 billion as they sought to attract buyers, Trulia Inc. said.

The average discount was 10 percent, little changed from a month earlier, the San Francisco-based real estate data provider said today. Almost 26 percent of homes for sale were reduced at least once. Luxury properties — those costing $2 million or more — accounted for 25 percent of the dollar value of reductions and less than 2 percent of listings, Trulia said.

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