McKinney Additions – Stonebridge Ranch

Hello, everyone! I’m Marie Walton, a REALTOR® with Ebby Halliday, REALTORS, and today I’m here to bring you an exciting market update for Stonebridge Ranch in McKinney, Texas. So, whether you’re a buyer or a seller, this blog is for you!

Let’s dive right into the numbers. As of June 2023, we currently have a 2.18 months supply of inventory in Stonebridge Ranch. That means, if no new homes were listed, it would take just over two months to sell all the homes on the market.

Interestingly, over the last 12 months, we’ve seen a 31.33% increase in the months supply of inventory. This indicates that the market is becoming more balanced, giving both buyers and sellers more opportunities to make informed decisions.

Now, let’s talk about the list to sold price percentage. In Stonebridge Ranch, sellers are currently enjoying a 100% list to sold price ratio. This means that, on average, homes are being sold at their listed price. It’s a great sign for sellers who can expect to receive fair and competitive offers.

Moving on to the median days on market, which is an important indicator of how quickly homes are selling. In Stonebridge Ranch, we’re seeing an average of just 20 days on the market. This means that homes are selling relatively quickly, giving sellers a faster turnaround time.

And finally, let’s discuss the median sold price. In Stonebridge Ranch, the median sold price currently stands at an impressive $622,500. This signifies a strong and healthy real estate market, where homeowners are reaping the benefits of their investments.

So, whether you’re looking to buy or sell in Stonebridge Ranch, now is a great time to make a move. With a balanced market, competitive list to sold price ratios, quick-selling homes, and impressive median sold prices, there’s plenty of opportunity for everyone.

Thank you for watching this market update. If you have any questions or if you’re ready to make a move, please don’t hesitate to reach out to me. I’m here to help you navigate the Stonebridge Ranch real estate market with expertise and professionalism.