I think your first mistake is asking a realtor to price it (no offense to any realtors, some are not experienced at pricing in a down market). Take the pricing into your own hands. Get an appraisal from an experienced appraiser. Ask for as many comps a possible to get a good idea of where pricing is, where it was and where it looks to be going in your neigborhood. Then price ahead of the curve 5-10%, depending on how fast prices are declining in your area.
