Is now a good time to sell in Traverse City?

Yes. Traverse City's Sold Score of 61/100 in May 2026 (Good Chance of Selling) means demand is outrunning supply enough that motivated sellers are getting deals done. Pending ratio is 0.47 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is down +6.6% year over year, tightening the pool you're competing in. Median days on market sit at 37. 29.6% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 61/100 (Good Chance of Selling) · Pending ratio: 0.47 · Inventory YoY: -6.6% · Median days on market: 37 · Sellers cutting price: 29.6% · Median listing price: $567,875 (+3.3% YoY)