Selling0 views · 1 answer

Is now a good time to sell in Traverse City?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
48/100
YoY Fair Chance of Selling
Pending ratio
0.37
YoY contracts vs active
Inventory YoY
+0.1%
YoY active listings
Median DOM
52
YoY days on market
Price cuts
40.5%
YoY of active listings
It's a fair time, not a clearly favorable one. Traverse City has a Sold Score of 48/100 in August 2026 (Fair Chance of Selling) — pricing realistically is doing most of the work. Pending ratio is 0.37 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +10.5% year over year, expanding the pool you're competing in. Median days on market sit at 52. 40.5% of active listings have already reduced asking price. — Live indicators (August 2026): Sold Score: 48/100 (Fair Chance of Selling) · Pending ratio: 0.37 · Inventory YoY: +10.5% · Median days on market: 52 · Sellers cutting price: 40.5% · Median listing price: $550,000 (-3.0% YoY)

Traverse City snapshot

As of the latest 2026 data
Median listing
$550K
YoY -0.0%
Active inventory
860
YoY +0.1%
Median DOM
52
YoY -0.1%
Pending ratio
0.37
YoY -0.1%
Price-reduced
23.2%
YoY +0.0%

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