I understand your frustration, but the answers to your questions lie in the specific market for your home. For example, where is your home priced? Is it between $250 - $500; $500 - $750; $750 - $1MM, etc.
When people ask me, "How's the market?" I have to know which one they mean. Are you targeting investors, end-users, first-time home buyers, etc? Each one is somewhat different.
For example, for Single Family Homes in Tenafly priced from $250 - $500K, there has been a 55% increase YoY in sales, but a 4% decline in prices YoY. In homes priced from $500 - $750K, there hasn't been any change YoY in sales, but there has been a 5% increase in prices YoY.
The opportunities to sell exist all year and having your home actively on the market is the right thing to do.
The Realtor(r) Code of Ethics prevents Realtors(r) from interfering with the clients of other brokers so any one of us who responds to your questions has to speak in general terms. I'd suggest asking your broker for an updated Market Analysis and get an idea of what they are doing to market your home for you.
Selling a home at times takes more than just 'listing' your home in the Mls.
What other actions is your agent doing to draw attention to your home?
Remember, if one sale method is not working, then try another.
Don't just focus on the 'hottest' selling months, as homes are sold all year round. Make sure you and your agent is doing all you can to draw activity to your home.
Licensed Realtor in NJ and GA
Have no fear - you're not alone, and I feel your pain!!
The market does tend to get quiet in August.......unless someone is strongly motivated to buy, they are off somewhere nice on weekends rather than looking at homes.
And yes, you did miss the "height" of the market activity by listing in June, rather than Feb., March or April.........
That being said.........is anything in your immediate area selling now??
Is anything in your price range selling in Tenafly?
What does your agent say about the amount of traffic OTHER homes are experiencing?
You DO have an agent, don't you???
Does it pay to stay listed?
I think it does.............
Best wishes....and even though it is painful, when all else fails.....know that price trumps everything .