Hello and welcome, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m excited to bring you a market update for April 2024 in McKinney, Texas.

Let’s dive into the numbers. Currently, we have a 3.85 Months Supply of Inventory in McKinney. This means that if no new homes were listed, it would take just under 4 months to sell all the existing homes on the market. Over the last 12 months, we’ve seen an increase of 83.33% in the Months Supply of Inventory, indicating a shifting market.

Despite this increase, the List to Sold Price percentage remains strong at 99.7%. This means that homes in McKinney are still selling close to their listing price or over, showing a healthy market for both buyers and sellers.

The median days on market in McKinney is 26, indicating that homes are selling relatively quickly. And the median sold price currently stands at $534,860.

Whether you’re a buyer looking for your dream home or a seller wanting to make a move, now is a great time to take advantage of the market in McKinney, Texas.

Thank you for dropping in to our market update. If you have any questions or are interested in buying or selling in McKinney, feel free to reach out to me at 972-816-5197. Have a great day!