A fast market can help you sell, but only if you line up the next step before the sign goes up.
If your next move depends on selling first, the real question is how quickly your current home could clear the market. My rule of thumb is simple when recent closings are taking about 17 days in Sterling Heights, MI, I want your exit plan settled before your listing goes live.
A typical sale took 17 days last month, and homes that went under contract did it even faster, with a typical pending timeline of 8 days. In Sterling Heights, MI, that pace tells me you do not have much room for indecision once your home is available. That matters if you are moving into a smaller place or trying to simplify your housing costs. New listings reached 151 over the previous 30 days, while active homes stood at 147, so choices are coming to market, but the market is still tight enough that I would not rely on a long overlap period after you accept an offer. Get your destination plan settled first. Narrow down what you will keep, what you will donate, and what you need out of the next home before the first showing. Then price and launch with a clean timeline so you are not negotiating your sale while still deciding your move.
About Ed Brittingham
Ed Brittingham is a licensed Real Estate Professional affiliated with REMAX Eclipse, specializing in the Sterling Heights 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 →
