Why is My House Not Selling? 11 Reasons and Solutions to Help
When you sell your home , you probably imagine getting lots of offers within days and closing on the sale in a few weeks. But that doesn’t always happen, and in today’s market, it’s happening less often than it used to. The typical U.S. home now spends 49 days on the market before going under contract, up three days from a year earlier. At the same time, home sellers are outnumbering buyers by a wide margin nationwide, mortgage rates are still elevated, and buyers have gotten more selective about the home’s they are willing to pursue. If your house has been sitting for a while, you’re not imagining it: it’s a tougher market to sell in than it was even a year ago. In this Redfin article, we’ll cover 11 common reasons a home might not sell and the steps you can take to fix them, so you can turn things around and get your house sold. 1. The list price is too high Your home has the most interest when it first comes on the market. So it’s importan...