Is it wise to list a home for sale at a high price so there is room to negotiate the price down?

In the real estate market right now in Niagara unless the property is exceptional, so unique, or so rare, pricing it too high could be a bad idea. Buyers are looking at the data to see what comparable homes are selling for. A savvy seller will agree to price his home at market value or just below to create more of a buyer frenzy to create a higher selling price and the home will not stay on the market as long as an overpriced home.