The right next move starts with timing your sale and purchase around a very limited supply of homes.
If you are deciding whether to simplify your move now or stay put until more homes appear in Grosse Pointe Shores, MI, I would plan around scarcity, not wishful thinking. The early answer is that recent supply was 1.25 months, so your next move needs sequencing more than speed.
Here is the constraint I plan around based on the previous 30 days supply stood at 1.25 months, and there were 5 active homes at month-end. Very little room. For someone preparing to leave a larger property, that means the sale side may offer support, but the replacement side can narrow fast.
Looking at the latest numbers, the clearest signal was the gap between what is newly coming on and what is already available. New homes entering the market had a typical asking price of $1,708,999 last month, while active homes were at $2,299,999. Over the last 3 months, pending homes showed a typical asking price of $2,744,500 and a typical market time of 83 days. That gives me one practical read the move itself needs a sequence you can live with, not a rushed leap.
This changes your plan because convenience matters as much as price when you are trying to right-size. I recommend you decide first whether your move depends on selling before buying. Then narrow your next-home standards to what you will use every day, not what you used ten years ago. Keep your cash, timing, and moving logistics aligned before you commit to either side.
Some metrics were not reported for this period. A typical sold price for last month was Not reported. Recent sale-to-asking results were Not reported. Still, the available numbers are enough to guide the next step in Grosse Pointe Shores, MI low supply, 5 active homes, and only 2 pending homes at month-end. My read is simple. Plan the order of your move carefully, because the market is not offering much extra room for indecision.
