Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I’m here to give you a market update for January 2024 in Craig Ranch, McKinney, TX.

Currently, we have a 2.86 Months Supply of Inventory in Craig Ranch. That means if no new homes were listed, it would take just under 3 months for all the current homes on the market to sell. This number has increased by over 90% in the last 12 months, showing a shift towards a more balanced market.

The List to Sold Price percentage in Craig Ranch is currently at 97.3%. This means that on average, homes are selling for just over 97% of their list price. This is a great indicator for sellers looking to get a good return on their investment.

The median days on market in Craig Ranch is 31 days. This is the amount of time it takes for half of the homes on the market to sell. With this number, we can see that homes in Craig Ranch are selling relatively quickly.

The median sold price in Craig Ranch is currently $535,000. This is the middle point of all the homes sold in the area, showing a strong market for sellers.

Overall, the market in Craig Ranch is showing signs of stability and strength. Whether you’re a buyer or a seller, now is a great time to make a move in this area.

If you have any questions or are interested in buying or selling in Craig Ranch, feel free to reach out to me. Thanks for dropping in!