Average sales time in the suburbs is around 6 months, although areas vary. So August is not that long ago. It seems like forever when you are trying to sell, I know. But activity at this point is more important to look at. Talk to your agent about the sales in your area and compare with your price. If you are not getting any activity on showings, you need to review your price. If you are, listen to the feedback and adjust accordingly.
Foreclosures are below market a lot and if you upgraded it, should be easier to sell to those who want a move-in ready home. But price is still king and again, can't expect a lot of appreciation in a still low market. However, many buyers want a move-in ready home and lending on a property that is not move in ready can be difficult. So, that gives you a leg up.
Remember and keep in mind that what you want now to buy will be at a low price too and factor that into your price thinking.