Kitchen Table Analysis · Mike Guido Homes
Real numbers. Local context.
Here’s what I make of it.
I like numbers. But knowing prices went up or more homes hit the market only gets you so far. What sold? What sat? What did buyers actually pay—and how does that compare with your neighborhood? This is where I work through the local data and explain what it could mean if you’re buying, selling, or staying put.
Oakland County Market Snapshot
Four numbers worth paying attention to.
Price gets most of the attention. Inventory, selling time, and completed sales help explain the rest of the story.
Monthly report: Update pending. Reporting period and property types will be listed with the data.
Median Sale Price
Update pending
Year-over-year comparison to be added
The middle price among homes that sold. A change here can reflect which homes sold, not just changes in home values.
Active Inventory
Update pending
Year-over-year comparison to be added
How many homes are available under the report’s definition. More inventory can mean more choice for buyers and more competition for sellers.
Days on Market
Update pending
Measure and comparison to be added
A look at how quickly homes are moving. We’ll identify whether the report uses an average or median and what period it measures.
Closed Sales
Update pending
Year-over-year comparison to be added
Purchases that reached the closing table during the reporting period. These reflect contracts typically signed earlier.
Source link and reporting details will appear here. Countywide figures provide context; your neighborhood, property type, and price range may behave differently.
What I’m watching
I want to know how these numbers fit together. If more homes are available, are buyers purchasing them—or are listings piling up? If the median price changes, did values shift, or did a different mix of homes sell? Those are the questions I work through before turning a market report into advice.
Start with the question on your mind.
You don’t need to follow every market update. Start with what matters to your next decision.
Should I buy now or wait?
Your payment, cash cushion, and plans deserve a closer look before you try to time the market.
Read my take →When should I sell?
Spring is one option. Your competition, carrying costs, and next move belong in the conversation too.
Think through the timing →What could my equity make possible?
Understand what you own, what you owe, and what that difference might mean for your options.
Take a closer look →Where does your home fit into this?
A countywide report can’t tell you what the house down the street means for your price. If you want to look at your neighborhood and talk through your options, let’s do that. You don’t need to have a move planned.
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Let’s look a little closer.
Local market updates, the numbers behind the headlines, and practical questions worth asking before your next move.