If you are planning a sale, the latest numbers point to a market that still rewards preparation and firm pricing.
If you are debating whether this is the right moment to put your home on the market, my answer is yes - but only if you go in with a clean strategy. In Pleasant Ridge, MI, supply stood at 1.5 months over the previous 30 days, which keeps the leverage with well-positioned sellers rather than with hesitant pricing.
A typical sale in Pleasant Ridge, MI closed in 6 days over the previous 30 days, and recent offers landed at 110.3% of asking. That is a very fast pace, and it tells me serious listings are not sitting around waiting for the right buyer to notice them.
The part I would not ignore is the price split between what sold and what is currently available. Over the previous 30 days, a typical sold home closed at $400,000, while active homes were priced at $842,450. My read is simple if you are selling in Pleasant Ridge, MI, buyers are moving quickly on homes they see as correctly positioned, but they are not giving every listing the same response.
Start with your price discipline. Use the recent sold benchmark of $400,000 and the active benchmark of $842,450 to decide whether you are entering the market as a realistic option or as a test. Then tighten your launch plan before day one. I would have photos, access, and showing readiness lined up in advance because speed matters when typical sold homes are moving in 6 days.
