Condo in BR..Should I sell or rent?

Last august I sold my Townhouse in less than 30 days for my listing price and the buyer paid closing.

Year before that I listed it for 9 months and no offers...

Here's a good site to plug in numbers when deciding whether to rent or sell: LINK

I would list it on the market via 4salebyowner or something similar and rent it in the meantime. The problem, however, is the longer your condo goes unsold the more new condos and new developments pop up which will not only devalue your aging unit but perhaps cause you to sink some money into renovating the place down the line in order to even sell it for what you want.

My mom sold a condo in that same area a little over a year ago and took about a $2-3k loss on what she originally paid for it just to get rid of it. FYI she's doing a bond for deed contract which really is a great situation for both the owner and purchaser. Basically the purchaser didn't have the means to finance it fully outright so he made a down payment and agreed to pay monthly installments for 18 months with three intervening balloon payments. His final balloon payment is due in about a month and then she's out clean with plenty of equity returned to her. Best thing is, if the purchaser defaults at ANY point she keeps the monies paid AND the property. This may be an option for you...

Inflate your price by 15% and attempt to sell. If someone bites with a 10% premium you should sell. If nobody wants to pay the price then rent.