The March HPI from Rightmove.
March showed an upturn in activity, according to the number one property portal. Viewings are higher and actual property listings UP 5% on March 2010. There is a demographic imbalance to sellers with those in more upmarket areas having a greater propensity to put their homes on the market currently due to the additional equity that they seemingly have thus allowing a greater deposit in respect fo their onward purchase.
Houses ARE selling. But only those that are priced RIGHT.
Over optimism on asking price in a crowded market place just results in viewers turning their backs on your home in favour of one of the many others similar nearby.