Recent pending and active numbers help answer whether waiting improves your position
If you are debating whether to list now or wait, my read is that waiting needs a specific reason, not a hope. In Keego Harbor, MI, there were 2 homes under contract at the end of last month and supply remained at 1.33 months, so the market still gives sellers a narrow but real opening.
If you only remember one closed data point right now, make it this supply in Keego Harbor, MI was 1.33 months last month. That is a tight enough backdrop to support a seller's market label. Pending activity also stood at 2 properties last month, which was 100% higher than the prior month. This changes your plan because timing should be based on actual competition and actual buyer follow-through, not on the idea that a later season automatically delivers a better outcome. With only 4 active listings at the end of last month and 2 homes newly entering the market, the field was still relatively thin. Short point. A smaller field can help you get noticed if your home is priced and presented correctly. For a homeowner planning a simpler next chapter, the key decision is whether a delay improves your position enough to justify carrying costs, holding work, and emotional drag. Recent value estimates in Keego Harbor, MI put a typical home at $240,610 last month, which was down 5.9% from the prior month but up 6% from 12 months earlier. I would not turn that into a broad prediction, because one month does not establish a trend. I would use it as a reminder to act on current conditions instead of assuming extra time guarantees a better result. Take two steps before you choose to wait. First, compare your likely list position against the current group of 4 active homes and decide whether you would stand out today. Second, set a firm decision deadline rather than drifting into a later listing window by default. In a market this small, timing works best when it is intentional.
About Ed Brittingham
Ed Brittingham is a licensed Real Estate Professional affiliated with REMAX Eclipse, specializing in the Keego Harbor market. With a focus on strategic marketing and deep local knowledge, Ed Brittingham provides clients with expert guidance in navigating complex real estate transactions. View full profile →