Why Some Homes Don’t Sell: Common Market-Based Factors
Homeowners are often surprised when a home does not sell during its initial listing period.
This article explains common, market-based factors that can influence buyer activity and
provides general real estate education for homeowners.
Watch: 5 Common Reasons Homes Don’t Sell
This short video explains five common, market-based
factors that can influence whether a home sells.
This information is
general in nature. While every property and situation is unique, the following
factors often play a role when a home does not sell:
1) PRICING & MARKET ALIGNMENT
Pricing is one of the most common factors affecting whether a home sells. If a
property is priced above current market value, it may receive fewer showings
compared to comparable homes. It is important to rely on recent sales data and
overall market activity to avoid overpricing. Market activity can shift over
time.
2) ONLINE FIRST IMPRESSIONS
Research shows that 90% of buyers begin their home search online. Listing photos
are important! Photos, lighting, and overall presentation can strongly
influence whether a buyer decides to tour a home in person. Sellers should
declutter, clean and stage their home to help create a positive first
impression.
3) MARKETING
If a property does not reach the right buyers, it may be overlooked — even if
it has many desirable features and the price is right. Exposure via the appropriate
marketing channels including digital marketing, can play a huge role in
connecting with interested buyers.
4) HOME CONDITION
Small maintenance or repair items can sometimes feel larger to buyers if they
are not addressed. Buyers are hesitant to move forward with purchasing homes
that require significant repairs, outdated features or include a lengthy list
of items on an inspection report.
5) TIMING & MARKET CONDITIONS
Some factors are outside a seller’s control. Interest rates, the season, economic
conditions, and available inventory all influence buyer behavior.
NEXT STEPS
Understanding these factors can help sellers make informed
decisions about next steps — whether that means re-listing now, waiting, or
simply gathering more information. If you have questions about how these market
factors apply to your situation, you’re welcome to
Contact Me.