Why Now Is a Great Time to Sell Your Home in Lake Orion, MI

Insights from the latest Market Data

If you’ve been on the fence about selling your home in Lake Orion, Michigan—this is your sign to take the leap.

📊 The current real estate market strongly favors sellers, and here’s why:

1. Low Inventory = High Demand

The Months Supply of Inventory is sitting at 1.62, which means at the current pace of sales, it would only take about a month and a half to sell all the available homes on the market. This is well below the 5-6 month threshold of a balanced market, pointing clearly to a strong seller’s market.

2. Quick Sales Mean Less Stress

Homes in Lake Orion are flying off the market, with a Median Days on Market of just 7 days. That’s one week from “For Sale” to “Sold”—a dream scenario for anyone looking to sell with minimal disruption.

3. Strong Sale Prices Hold Firm

The Sold to List Price Ratio is at 101.2%, meaning that on average, homes are selling above asking price. This shows that buyers are not only motivated but are also willing to compete—and pay top dollar—for homes like yours.

4. Pricing Confidence

The Median Sold Price in Lake Orion is $418,000, giving you a reliable benchmark to help price your home competitively and confidently.

5. Subtle Market Shifts to Watch

While inventory remains low, we’re seeing a slight 0.09% increase in supply over the past year. This could signal a gradual return to a more balanced market, but as of now, conditions still overwhelmingly favor sellers.

What This Means for You If you've been considering making a move—upgrading, downsizing, or cashing in on your equity—now is the time. With high buyer demand, limited competition, and homes selling fast (and often above asking!), you could be perfectly positioned to sell for top dollar.

✨ Need help navigating your next move? As a local real estate expert deeply connected to the Lake Orion community, I’m here to support you every step of the way—from pricing strategy to negotiation and beyond.

📞 Let’s connect! Email me at katherynarmstrongrealestate@gmail.com or call/text 248-535-7597 for a free home value consultation today.

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