What recent supply and listing activity mean if you are debating whether to act now or hold off
If you are debating whether to wait before selling, my answer is that delay only makes sense if waiting improves your position more than the current market does. In Franklin, MI, recent conditions still leaned toward sellers, with 2.75 months of supply and only 6 new listings entering last month.
If you only remember one closed data point right now, make it 2.75 months. That was the recent supply level in Franklin, MI, and the market type was identified as a seller's market. For homeowners trying to coordinate a sale with a downsize, that matters because lower supply can support attention when your home is correctly positioned.
Where people get this wrong is treating waiting as a neutral choice. It is not. Franklin, MI added 6 new listings last month, and their typical asking price was $1,262,450. At the same time, active homes sat at 11 with a typical asking price of $1,250,000. That means the competition set is visible and defined right now. Compare your home against the current 11 active listings before deciding to postpone.
One more figure deserves attention the typical estimated home value was $929,290 last month, with a 4.29% change over the last 3 months and a 13.81% change over the last 12 months. I can say values were higher than 3 months and 12 months earlier because those comparisons were explicitly reported. I cannot tell you that waiting will improve your sale result from here. That was not reported.
My read is direct. If you are holding off because you think every extra week will automatically produce a better number, I would challenge that assumption. Use the current evidence instead. Decide your ideal move date. Check whether your home can compete at today's asking levels. If the answer is yes, finish your prep and move forward. If the answer is no, identify the specific condition or pricing issue that must change before you list.
Some metrics were not reported for this period. A typical sold price for last month, the typical closed sale timeline, and the share of asking price buyers paid were not reported. So I would not base a delay decision on hoped-for closing outcomes. I would base it on the seller-leaning supply level, the current count of competing homes, and your readiness to enter the market well.
