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The Hidden Cost of Sitting Too Long: How Days on Market Affects Home Value

  • tanishaashford
  • Apr 16
  • 2 min read


The Hidden Cost of Sitting Too Long: How Days on Market Affects Home Valu

You’ve listed your home, scheduled showings, and maybe even hosted an open house or two. But weeks go by… and still no offers. If this sounds familiar, you’re not alone—but it’s a situation that can start to cost you more than just time. In real estate, the longer a home sits on the market, the more buyers begin to wonder: What’s wrong with it? Let’s talk about why high days on market (DOM) can hurt your home’s value—and how to avoid falling into that trap.


Why High Days on Market Matter


Days on Market (DOM) is a key metric in real estate. It tells buyers how long a home has been listed before going under contract. A high DOM can trigger red flags for potential buyers, even if there's nothing wrong with the home itself. Here's why:


1. Perceived Value Drops


Buyers often assume that if a home hasn’t sold quickly, it must be overpriced or have hidden issues. This perception can lead to lower offers—or no offers at all.


2. Negotiation Leverage Shifts to Buyers


The longer your home sits, the more pressure you may feel to accept a lower price. Savvy buyers use this to their advantage, coming in with aggressive offers and terms.


3. Market Momentum Is Lost


When a home first hits the market, it gets the most attention. That “just listed” window is powerful. Once the buzz dies down, it’s harder to get back in front of fresh eyes without a price drop or relisting.


4. Online Staleness


Most buyers begin their search online, and listings with high DOM can appear stale or outdated—even if the home is still in great shape. Freshness matters.


  • Common Reasons Homes Sit Too Long

  • Overpricing from the start

  • Poor presentation (photos, staging, or curb appeal

  • Limited showing availability

  • Lack of marketing exposure

  • Neglecting feedback from early showings



How to Turn Things Around


If your home is approaching or already experiencing high DOM, don’t panic—there are ways to reset the momentum:


  • Reassess the price with your agent based on current market data

  • Update the listing photos and refresh your online presence

  • Stage or declutter to enhance visual appeal

  • Consider a temporary withdrawal and re-list with a new strategy


If your home has been sitting on the market and you’re unsure what’s holding it back, I’m here to help. Let's do a personalized market analysis and walk through what’s working—and what’s not. It’s never too late to regain traction. Reach out today to schedule a no-obligation listing review and get your home moving again.


Conclusion


High days on market don’t just slow down your sale—they can chip away at your equity. But with the right insight, strategy, and support, you can pivot, re-engage buyers, and protect your home’s value. Don’t let time work against you. Let’s make the market work for you instead.

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