re: Real Estate Market

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It could have nothing to do with price.
It could have nothing to do with time on the market.

Some homes are difficult to move because of the driveway (too steep). It is the same s/d as other homes that are moving. But "momma" doesn't like the driveway. Or the way the neighbors property overlooks the yard. Or the home in this part of the s/d is too close to the main road.

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Sitting on the market too long and not getting the showings is a price problem.

Here is a possible scenario if you are priced 50K too high and lets say for this example you're on the market for 325K but should be priced at 275K

- Client (buyer) gives Realtor the following criteria to search MLS
- 3BR, 2 Bath, 1500-1700 SF, area xyz, price budget 250-275K
- Realtor will likely search 300K and below
- RESULT: you're home doesn't even show up at 325K
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- Have the Realtor search homes on the market at the price you have your house listed: You will see, at that price point, the homes are a lot more desirable