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Each month, we crawl through real estate listings on various websites searching for homes–in all sorts of price points and locations–that for some reason, just haven’t found the right person or family to call their own. Sad. But why haven’t these seemingly lovely dwellings sold? A few months ago we featured this one (which shockingly still hasn’t been scooped up) and got tons of great reader theories as to its continued market presence. My favorite: That it was haunted by a wealthy ghost.

So put your thinking caps on. Here we go.

First-time homebuyers might want to take a look at this recently remodeled two-bedroom, one-bathroom condo on 1125 N 93rd Street, near Green Lake, the University of Washington and Northgate Mall. It’s listed at $244,900 and is a top-floor unit so it’s got some seriously high ceilings. The description notes that there are stainless-steel appliances, Brazilian cherry cabinets and granite countertops in the kitchen (looks like the bathroom also sports granite counters), and hardwood floors, which are nice bonuses at this price point.

The kitchen flows into the living room

You’ll snag a private balcony, plus a private garage and storage unit with this condo. The downside is that the condo is a bit small–718 square feet–and you’d have to share a bathroom with all who enter. Homeowner association dues are $413 per month.

The interior design lacks pizazz so the presentation suffers a bit, which could be a big factor in why it hasn’t sold. (The current owner really likes Entourage. I’ll give him or her season one and two; after that, meh.) But anyone with some good design sense could add a few splashes of color and updated furnishings for a less-drab look. As they say on HGTV’s House Hunters, it’s got potential.

Bedroom number one

Bedroom number two

Condo’s exterior. The slate tile is a nice touch.

According to Redfin’s Real Time Housing Market Tracker, Seattle has the lowest supply of homes for sale on record. We’re on par with supply-deficient San Francisco for the first time with just 2.2 months worth in March. Nevertheless, houses like this still sit unwanted. This particular dwelling has been on the market for 308 days.

Why do you think this condo hasn’t yet sold? Tweet us your theories on what’s wrong with this house and we’ll retweet the best answers we get!