Here's some interesting info from CRS.com, a website for the top realtors. It is regarding Sellers Pricing their home realistically or not. Which category are you in?

Sellers Tend To Overprice Homes
Current home sellers who purchased their homes after the housing boom overprice their homes at a higher rate than those who purchased before or during the boom, according to a recent Zillow survey. Home sellers who purchased their home in 2007 or later overprice their homes by an average of 14.1 percent while those who purchased a home before 2002 price their homes approximately 11.6 percent over market value. Those who bought between 2002 and 2006 price their homes 9.3 percent above market value.

A similar sentiment prevails for homeowners who plan to sell their homes over the next four years. Those who purchased their home after the housing boom are more likely than bubble and pre-bubble buyers to base their asking price on the original purchase price of their homes rather than current market conditions.

“Overpricing homes causes them to stagnate on the market and keeps inventory from decreasing – not a desirable outcome for either the sellers or the market as a whole,” says Zillow chief economist Stan Humphries.
Fri, Jul 15, 2011