I can't comment on your local conditions, which is obviously one major variable. You'd need a local Realtor to advise you on current conditions and possible changes in the future.
But a lot of the decision goes beyond that variable. For example, how eager are you to sell? If you're really, really eager, then (despite market conditions) this might be a good time to sell. On the other hand, if you're not highly motivated--if you're just "testing the waters"--then the odds are far less likely that now is a good time.
External factors are important. Interest rates are very, very low right now. That's an argument in favor of considering selling. They're not likely to go much lower and they'll probably go up slightly in the next year or so. But even a year from now, or two years, they're still likely to be quite good.
As for time of year (January/February versus July/August, for instance), that depends on your local market. In some markets, early spring is when the "season" begins. In other cases, it's June (after kids get out of school, allowing people to move and get their kids into a new school at the beginning of the school year). In many areas, though, it's one or the other--though houses certainly sell in the fall and winter, that's usually not the most active time of the season. A good local Realtor can tell you what the pattern is in your area.
There's also the question of the condition of your home. Buyers generally are looking for homes in really good condition. So if your home needs some maintenance and repairs, it'd probably be a better idea not to sell (or put your home on the market) until you've done those repairs.
All of those are factors to consider, and explain why the answer to your question could be either "yes" or "no."
Hope that helps.