Bidding strategy for buying in 2nd home area

[Robert Fisher]

I'm buying in a rural area known to be a "2nd home area".  The pricing and market activities (or lack of) can be very drastic.  Overall people tend to list a high price then come down.  On Zillow I see houses that sit in the market for 1+, 2, or even 3 years and up, and the price reduction can be as much as 30%, with some Zestimate @ 50% of asking price.

One agent told me this is the result of the 100%-discretionary nature of 2nd home area.  Prices will go through boom/bust cycles.

Given all these, is there a strategy for buying this type of properties?