If you want to move this year, recent numbers point to a tighter window than many owners expect.
If you are trying to decide whether to put your home on the market now or wait, I would answer that question with timing first, not theory. In Novi, MI, recent closed numbers show a seller-leaning market with 1.34 months of supply, which tells me owners who are prepared can still step into limited competition.
Looking at Novi, MI over the previous 30 days, a typical sale closed at $490,000, recent offers landed at about 99% of asking, and a typical sold home took 13 days to move from listing to sold status. That is not a broad invitation to overreach on price, but it is a clear sign that serious demand is still present when a home comes out correctly from day one. For an owner thinking about a move, the real question is not whether homes are selling. They are. The question is whether your house can compete cleanly inside a market where 65 new listings entered recently, while active choices stood at 63 by month end. My read is simple when new supply and active competition sit this close together, buyers notice pricing mistakes quickly, but they also move quickly when a property feels justified. Start with your timing plan. Decide now whether you want convenience, maximum price, or a cleaner transition into your next chapter. Then tighten the presentation before you list. I would fix deferred maintenance first, remove the distractions that make a larger home feel heavier to manage, and set a price that respects the recent $481,500 active asking level while staying grounded in the $490,000 typical closed result. Keep your first week sharp. That is where leverage is earned.
About Ed Brittingham
Ed Brittingham is a licensed Real Estate Professional affiliated with REMAX Eclipse, specializing in the Novi 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 →
