The key is choosing the option that protects both price and timing.
If you are preparing to sell in Royal Oak, MI, this market is giving you choices, but not all of them are equally smart. My view is that the better choice is the one that protects both timing and price, because supply was only 1.53 months recently and buyers were still moving through the market.
You can see that movement in the recent numbers. Over the previous 30 days, 100 homes were in contract, 71 closed, and 147 remained active. In Royal Oak, MI, I read that as a market where buyers are engaged, yet still selective enough that sellers need a clear pricing and prep strategy.
That is why I would not mistake leverage for permission to be careless. Offers were landing at 98.2% of asking, which is strong, but active homes were taking about 40 days while sold homes took 28. For a seller who wants control over the move, that gap is where strategy either pays off or slips away.
Pick the outcome you care about most before you list. Set the asking price from recent closings and current competition together. Use your choices wisely by creating a plan that preserves leverage without turning the sale into a waiting game.
