This will depend on your market, price and location. Overall the DOM(Days On Market) has increased. If you are the seller, you want to make your house stand out in the market. Your want to be seen first and not compared against. If you're a buyer that bought high, then you have the option of cutting your loses or waiting for the market to pick up. The company I work for is national and international, let me know if you need a good agent in your area.