Is this any way to price a house
High inventory is a problem with real estate across the country as well as in Charleston but some homes still sell quickly while others sit unsold forever. A few weeks ago I pointed out a house that went on the market in Mount Pleasant and went under contract within a month. See the post, Pricing to sell...it will...and it does
Here is a tale of another house in the same neighborhood, just a block away, similar price point, unsold in over a year. As you look at the pricing history, the pricing for this home appears to be a seller mistake.
11/10/05 $839,000
01/18/06 $814,900
03/13/06 $844,900
05/11/06 $809,000
06/26/06 $825,900
07/24/06 $810,000
08/10/06 $799,900
08/22/06 $790,000
09/14/06 $779,000
09/25/06 $777,900
09/30/06 $768,500
12/05/06 $759,900
12/18/06 $799,500
What would you offer? 
The moral of the story, be realistic about the value of the property you are selling, and price it right from the beginning. Take appropriate price reductions in a timely manner and you will sell for the most possible money in the shortest possible time. Reducing and raising the price over the past year simply confuses the true value of this home.