Fear of sitting on the market too long

In Arizona’s vibrant real estate landscape, the fear of a home sitting on the market too long is both real and rational. Market data from late 2023 to mid-2024 shows that luxury homes in Scottsdale and mid-tier listings in Chandler and Gilbert are averaging longer days on market—sometimes 20–40% more than just a year ago. As buyer preferences shift and economic headwinds create uncertainty, more sellers find themselves anxiously checking listing updates, wondering if their property will move or linger.Lingering on the market doesn’t just affect your timeline; it can impact perceived value and negotiating power. A home that sits too long often attracts lower offers, sometimes prompting sellers to slash prices or offer incentives that chip away at hard-earned equity. You’ll hear this echoed at places like Olive & Ivy on Scottsdale Waterfront or during casual chats at Postino’s in Arcadia, where both agents and homeowners debate the best strategies to spark renewed interest.Ultimately, understanding the risks of market stagnation isn’t about fueling anxiety—it’s about equipping yourself with strategies to minimize risk and maximize your home’s appeal from day one.