Why are some Steam Market items selling above their lowest listed price?

Why are some Steam Market items selling above their lowest listed price? - Collection of eyeglasses on shelves in store

I was revisiting my listed items, and found that some items I had up there for months haven't been sold. Specifically I have a pack of gems since April at 1.15€.

Pack of gems being sold since April 16

This is not surprising, the current price is around 0.81 (and has been for months) so its mostly normal that I can't sell it right? Well, that's what I thought.

The funny thing is, according to Steam this item has been sold above my price multiple times, the most recent was this week, where it sold for 1,59€. This is not the first time that this has happened, and not just with this type of item either.

I thought with the new system, you can't buy anything over the cheapest price available even if you wanted to? If that's the case, why are some packs being sold at 1,59 while mine hasn't been sold? Is there something I got wrong?



Best Answer

Nothing is wrong, it's just that tons of people sell their gems and your isn't first anymore. Also some people are putting theirs at lower prices.




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Why are some Steam Market items selling above their lowest listed price? - Assorted vegetables on market counter
Why are some Steam Market items selling above their lowest listed price? - Assorted mushrooms on counter in market
Why are some Steam Market items selling above their lowest listed price? - Zucchini flowers with price at counter in market



What is the most valuable item on Steam?

The Most Expensive Things You Can Buy On Steam
  • The single most expensive product on Steam: Strata Spaces VR\u2014Professional Edition Upgrade will run you $995.00. ...
  • The most expensive microtransaction on Steam: A package containing 15,400 of EVE Online's \u201cPLEX\u201d currency will leave your wallet $500 lighter.


What percentage does Steam take from market sales?

Steam takes a 5% tax per community market transaction and CSGO items have an additional tax of 10%. Steam also takes another $0.01 per market transaction. Summing these up, let's take a look at how the taxes exactly work. The Steam taxes work by dividing the selling price by the tax instead.

What is the max price on Steam market?

We also limit the maximum price of a single listing on the market to $1800 (or similar for other currencies). You will be restricted from listing items for sale in the Community Market if the existing balance in your Steam Wallet, plus the sale price of the item(s), would together exceed the $2000 limit.

How do you filter prices on Steam market?

To set a maximum price for your Steam Search, click and drag the slider on the right under \u201cNarrow By Price\u201d to your desired setting. Check the \u201cSpecial Offers\u201d box if you only want games that are currently discounted down from its usual price.



How To Sell Items On The Steam Market | Tutorial




Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

Images: Ksenia Chernaya, Rachel Claire, Maria Orlova, Maria Orlova