Asking Price vs. Actual Price: Why Some Homes Don’t Sell

At the office and in conversations with homeowners, we often hear the same question: “If the market is active… why isn’t my home selling?”

In the interview for the episode “Why Many Homes Don’t Sell | Ep 2,” Ginés García (CEO of Nevado Realty and founding partner of the LPA) discusses this topic with a practical, market-driven perspective: the difference between the price shown in advertisements and the price at which the deal is finally signed.

While it may seem like a minor detail, this discrepancy is often the root of many “stalled” sales.

1) The Big Shock: The Listing Price Is Not the Closing Price

One of the clearest messages from the interview is that the price published on portals or ads often serves as a starting price, not the final figure. In Spain, there has been recent talk of a significant gap between the offered price and the sale price registered before a notary.

What does this mean for an owner?

Setting a price based solely on “browsing portals” can lead to overvaluing the property, which results in fewer viewings, less interest, frustration, and more time on the market.

2) Why a Home Might Not Sell (Even with Buyers Around)

The interview highlights a crucial idea: demand does not guarantee that any home will sell. Today’s buyers compare quickly, filter more strictly, and discard options faster. When a property is overpriced compared to similar alternatives:

  • It fails to generate enough contacts at the beginning (when the ad has the most visibility).
  • It becomes “stale” (the longer it stays published, the more it creates a feeling that “something is wrong”).
  • It eventually sells for less: If it does sell, it often happens after much larger price cuts than would have been necessary initially.

3) The “Right Price” is a Strategy, Not Just a Number

Selling is not just about picking a number; it’s about positioning. To get it right, you must combine:

  • Real Comparables: Similar properties in the same area and condition.
  • Property Context: Light, orientation, floor level, views, noise, renovations, and community fees.
  • Presentation: Photos, text, and how the value is communicated (not just “sqm and bedrooms”).

The conclusion is clear: the right price is cell which allows the applicant to say: «This option is interesting» for other purposes.

Today, buyers know they can easily compare information and never buy without comparing alternatives.

4) Transparency and security: selling well also means selling with complete peace of mind.

The episode also reinforces the importance of handling the process professionally: clear pricing, realistic expectations, and a serious approach to ensure the transaction proceeds smoothly.

Because a sale isn’t solely about “liking” the property; it also depends on the confidence that everything has been properly planned from the outset.

Conclusion: If your home isn’t selling, it’s almost never “bad luck.”

The final takeaway from the interview is very actionable:

When a home doesn’t sell, it’s usually not due to a lack of buyers, but rather a mismatch between price, strategy, and perceived value.

And when that’s corrected (with a realistic valuation and a presentation that does the property justice), the market responds.

In addition to this, many other topics are covered throughout this interesting interview, such as:

  • Nationalities and Demand Trends in Marbella.
  • Impact of the Pandemic and the Geopolitical Context.
  • Supply in Marbella City Center vs. Urbanizations.
  • International Uncertainty and Market Forecasts.
  • Investor vs. End User: Impact on Prices.
  • Renovations and Turnkey Properties.
  • Land Shortages, Planning, and Licenses.
  • Price Pressure and Access to Housing.
  • Administrative Streamlining and Artificial Intelligence.
  • Key Areas: City Center, Golden Mile, and Surrounding Areas.
  • Golden Triangle and Expansion into New Areas.
  • Buyer Profiles and Residential Preferences.
  • Price Trends and Convergence.
  • Professional Valuations and the Gap with Owners.
  • Taxation and the Final Price.
  • Asking Price, Negotiation, and Sales Timelines.
  • Seller Psychology in the Face of Quick Offers.
  • Notary Anecdotes and the Value of the Marbella Brand.
  • Golden Visa and Non-Resident Buyers.
  • Notary portal and reference value.
  • 2024–2025 data: volume and average price.
  • Ultra-luxury and product scarcity.
  • City for all and access to housing.
  • Nearby alternatives and new residential models.
  • Sustainable development and urban planning challenges.
  • Pedestrianization, urban future, and institutional closure.
  • Villa tour and final farewell.

Play the video and join us as we review the latest news in the real estate market in Marbella and the surrounding area!