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Who is eligible to participate in the Community Market?
Any Steam user who has a successful purchase on their account between 30 days and one year ago, and has Steam Guard enabled for 15 days can list items on the Community Market. If you have had your password reset by Steam Support you will need to wait another 15 days with Steam Guard enabled before you can list items on the Community Market. If a chargeback has occurred on your account you will be eligible 30 days after your next successful purchase.
You must have purchased an item on Steam within the past year (That purchase must also have been at least 30 days ago) AND Steam Guard must have been enabled for at least 15 days.
Think about it this way:
Someone purchases an item from you for $5. That $5 goes into your Steam Wallet. You've then bought a game with that $5.
But, Oh No! The money was from stolen card details. Now you're lost your money and you've lost your game!
Sure, you'll get the item you sold back. But that game was on sale for $5. Now it's back to $10. :(