I think it's a mixed market and depends on what you have to sell. If you have something special to sell there are people out there who will buy because they still have the do-re-mi and a passion for the product. And what the heck, if you don't have to sell, you don't have anything to loose by testing the waters. Actually, it's a good place to be for a seller.
I've got my house for sale and that's my attitude. I don't have to sell, but would like to. If I get an offer I can accept, great, if not, it's still a great house. Can always try again next year.