If you are thinking about selling, the recent numbers point to a market that still rewards solid preparation.
If you are trying to decide whether this is a smart moment to put your home on the market, my answer is yes - but only if you price it and prepare it with intention. In Lathrup Village, MI, recent closed numbers still lean in favor of sellers, with supply at 1.75 months and typical closed sales reaching 103.6% of asking over the previous 30 days.
The opening is there for well-positioned sellers. A typical sale in Lathrup Village, MI took 8 days last month, and the typical sold price came in at $417,500. That combination tells me properly presented homes are not sitting around waiting for attention.
Pricing still needs discipline. New listings came in at 7 last month, active listings also stood at 7, and the typical asking price for active homes was $365,000 while the typical closed price was $417,500. I read that as a market where good homes can command strong attention, but it does not give every seller a free pass to overreach on price or skip the work that buyers notice right away.
Start with the items that shape first impressions and perceived value. Fix deferred maintenance, sharpen the presentation, and make sure your first week on the market is your strongest week. I would also set your price against the recent range of actual activity, not just your ideal number. For anyone planning a simpler next move later on, this kind of fast pace can also help you reduce overlap between two homes.
