As we transition out of summer, we’re seeing a slight uptick in new home listings nationwide—up 1.2% to a three-month high. At the same time, pending sales have dipped by 1.3%, marking their lowest point since March. It’s interesting to note that while the median asking price edged down 0.1%, the year-over-year median sale price is still up 1.8%, despite the challenges of higher mortgage rates and ongoing economic uncertainty.
In our corner of the Lakeshore—Spring Lake, Grand Haven, Muskegon—these trends often play out with their own local flavor, especially for waterfront and single-family properties. After more than three decades helping clients navigate changing markets, I find that understanding these shifts can make all the difference in planning your next move. If you’re curious about how these latest numbers might shape your buying or selling strategy here, I’m always happy to share what I’m seeing on the ground.
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