If a Home Has Been on the Market for Over 40 Days and Hasn’t Sold,

Here’s What’s Usually Behind It🏠When a freehold home in North York sits on the market for more than 40 days, many homeowners start to feel uneasy.

The first question is often:
“Is something wrong with the house?”

In most cases, the answer is no.
But something in the process is usually working against the sale.

Here are the most common reasons this happens in neighbourhoods like Hillcrest Village, Pleasant View, Don Valley Village, and Bayview Woods–Steeles.
🏠
1. The Initial Price Was Too High

The first few weeks are the most important.
That’s when serious buyers are watching closely.

If the price is even slightly above what buyers expect, they often don’t book a showing at all. Instead of negotiating, they simply move on to homes that feel like better value.

Once those early buyers pass, momentum is lost.

Later price reductions rarely bring back the same level of interest. By then, buyers start asking why the home hasn’t sold.
🏠
2. Buyers Are Comparing, Not Rushing

Today’s buyers are careful.

They often visit several freehold homes in one weekend, especially in North York. They compare:

Layout

Condition

Light

Lot size

How much work is needed

If a home doesn’t clearly stand out — even if it’s a good house — it becomes a “maybe.” And “maybe” homes tend to sit.
🏠
3. Preparation Wasn’t Finished Before Listing

Many listings come to market before the home is fully ready.

Common issues include:

Too much furniture or clutter

Small repairs left undone

Dated areas not explained or staged properly

Photos that don’t show the home’s true size or light

These details may seem minor, but buyers notice them immediately.

When buyers sense uncertainty, they hesitate.
🏠
4. The Market Shifted During the Listing

Markets don’t stay still.

A home priced correctly six weeks ago may feel high today if:

More listings come on the market

A nearby home sells for less

Buyer confidence changes

Without adjusting strategy, a listing can quietly fall behind the market.
🏠
5. Time on Market Changes Buyer Perception

Once a home has been listed for a while, perception changes.

Even well-maintained homes can start to feel risky in buyers’ minds. They wonder:

Is the seller flexible?

Is something wrong?

Will the price drop again?

This gives buyers confidence to wait or negotiate harder.

What This Means for Homeowners

A home sitting for over 40 days isn’t a failure.
It’s a signal.

Often, it means the original plan needs a careful reset — not rushing, not panicking, but reviewing pricing, presentation, and positioning together.

For homeowners who have lived in their home for many years, this part of the process can feel uncomfortable. But understanding what buyers are responding to makes a meaningful difference.

Selling well today is less about waiting it out and more about adjusting thoughtfully at the right time.
🏠
That’s how many stalled listings quietly find their way forward.

Discover more from Richard Wang

Subscribe now to keep reading and get access to the full archive.

Continue reading