Is now a good time to sell in Petoskey?

Probably not, unless you need to move. The Sold Score for Petoskey is 14/100 in May 2026 (Difficult Selling Environment) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.05 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +32.0% year over year, expanding the pool you're competing in. Median days on market sit at 71. 15.0% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 14/100 (Difficult Selling Environment) · Pending ratio: 0.05 · Inventory YoY: +32.0% · Median days on market: 71 · Sellers cutting price: 15.0% · Median listing price: $838,125 (+6.0% YoY)