Even in a “seller’s market”:
Even in housing markets where some listings fly off the market in a matter of hours or days, other properties languish for months, a year or longer.
Statistics from the National Association of Realtors® reveal that 44 percent of all new listings sit on the market for 90 days or more; 22 percent take six months to a year to sell; and 9 percent go without a buyer for more than 12 months.
There are a number of explanations for a long selling time in areas where other homes are moving quickly – including poorly maintained, messy houses; pet smells; and artificial deodorizers that raise the suspicion of prospective buyers.
But perhaps the biggest reason a home takes so long to sell, realty insiders say, may be the sellers themselves. Property owners who refuse to make themselves scarce when agents show the home and who place tight limits on when the house can be shown – such as requiring the listing agent to be present, demanding a full day’s notice before appointments and restricting showing hours during the weekend –will naturally delay offers on the home and a sale.