Your Realtor should know why.
If you're not getting answers, get another Realtor.
Pretty simple huh?
Ph (480) 220-7491
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Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient
ABR, GRI, ePro, CNE, MRE, AHWD
Also, ask your agent what they are doing to market your property. Make sure they are on the internet and have let the other agents in the area know.
First of all make sure your agent has sent you a Full Agent View of your listing. As here in Tx, the comps keep going down so also have your agent pull up some new comparisons to see if your home needs a price adjustment. Then ask your agent what ways are they marketing your home. Most realtors, if they do it correctly, have ways to view the internet traffic on your home and how much traffics it is getting. They should be able to send you that information. If your not getting any and the comps have been adjusted, then the next thing to do is ask your agent if he has not told you already, what do I need to do to my house to make it attractive enough. If its not the price, the agent, the area, the comps, then it pretty much might be something with your home....etc..small kitchen, bad layout design...etc...paint scheme.....
I hope this helps.
Homes I'm sure are still selling in Morgantown, but you might have your agent check the recent activity to see just what is selling. Since your home is relatively new, you may be competing with some new construction inventory.
But quite simply, what you are seeing-or not seeing in your case-is that buyers seem to have left the playing field. Unfortunately the media has spooked many would be buyers off, and the home buyer confidence level is pretty low. You might have to lower your price, but check with your agent to see what's been selling first before deciding to drop your price. It could be asthetics,location,price,terms or acombination of everything. If you are not listed witha REALTOR, now is not the time to try to go it alone. You need an experienced agent who knows how and uses the internet and the traditional real estate avenues to sell a home! Good luck, I really hate to see people stuck when they have to relocate.