Local Market0 views · 1 answer
Are buyers active in Traverse City?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 46/100
- YoY Fair Chance of Selling
- Pending ratio
- 0.37
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 61
- YoY days on market
- Price cuts
- 39.9%
- YoY of active listings
Buyer demand in Traverse City is **actively shopping** as of September 2026. The pending ratio is 0.37 — that's contracts under negotiation versus the homes available to buy.
Homes take a median of 61 days to go under contract. Active inventory is +11.9% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 39.9% of listings have cut price. Overall, the Primpted Sold Score for Traverse City is 46/100 (Fair Chance of Selling).
— Live indicators (September 2026): Sold Score: 46/100 (Fair Chance of Selling) · Pending ratio: 0.37 · Inventory YoY: +11.9% · Median days on market: 61 · Sellers cutting price: 39.9% · Median listing price: $541,250 (-4.2% YoY)
Traverse City snapshot
As of the latest 2026 data- Median listing
- $541K
- YoY -0.0%
- Active inventory
- 882
- YoY +0.1%
- Median DOM
- 61
- YoY +0.0%
- Pending ratio
- 0.37
- YoY -0.0%
- Price-reduced
- 23.5%
- YoY +0.1%