question about steeteasy listings

6 months or longer means the owner doesn't want to lower their asking price

What about when they raise the price of an apartment that has been on the market for a long time. This seems counter-intuitive to me.

Buyers look in a particular price range. Because everything's electronic these days, a search for '$1 million to $1.5 million' won't give any visibility to something priced at $925,000.

And then there are those people who assume that lower-priced apartments, if they find out about them, must have something wrong with them and won't bother looking at them.

#3-- this is usually for one of two reasons. A--price has appreciated since first listed or B--they are about to pull a price chop and want to claim a bigger chop.