Selling property in a depressed market is fraught with more challenges than one ordinarily encounters when market conditions are favourable.
One of the most commonly held misconceptions about selling property in a depressed market is that price is the sole determinant of how successful you will be in actually disposing of your property. But there is so much more. Price definitely is a factor, but not the only one. And sometimes not even the most important one. This isn't just true in a depressed market.