Condo - Two Months on Market

[James H.]

Looking for suggestions...

We have a two bedroom condo in North Dallas (North of LBJ) in a decent neighborhood.  We bought it two years ago, fixed it up a bit, and put it in the market.  We got about 5 serious calls per day and had it rented within a week.  The tenant moved out at the end of June.

On July 3, we put the condo on Zillow, Cozy (which lists it on Realtor.com), and several other sites.  We have gotten 2 to 3 inquiries per week since then and just 3 showings.  The vast majority of inquiries are not serious and 75% of the showing appointments have not shown up - even though we exchange texts about an hour before the showing to confirm.

Our asking price for rent is $100 more than it was two years ago, which is still $25 lower than the two bedrooms at the apartment complex across the street.  (The complex across the street is not nearly as nice.)  At one point, we lowered the rent back to where it was two years ago.  But, that week, we got no calls at all!

On Sunday of this week, we posted the condo to Craigslist.  We verified that the listing as posted.  But, we got no calls from Craigslist.

Suggestions?  Has the rental market slowed this much?

Jim