Recent timing tells sellers when to adjust price and when to fix strategy
If your home is not moving, a price cut might help, but it is not always the first fix. In Chandler, AZ, active homes were sitting around 40 days and sold homes took 37 days over the previous 30 days, so I would first test whether the listing is simply missing the local pace or missing the mark entirely.
Recent timing in Chandler, AZ showed active homes around 40 days at month end, a typical sold timeline of 37 days, and newly pending homes at 28 days over the previous 30 days. Those numbers create a strong frame for judging whether a listing is performing normally.
If a home is close to that rhythm, I would look at presentation, access, and buyer feedback before changing the price. If it is drifting well beyond it, the market may be telling you the pricing or value story is off. The right response depends on where the breakdown starts.
Audit the full listing before you cut the price. Fix the weakest signal first. If the home is clearly behind the recent Chandler, AZ pace and the feedback points to value, then make one meaningful adjustment instead of a string of small reductions.
