Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for May 2024 in McKinney, Texas.

Let’s dive into the numbers. Currently, we are seeing a 4.07 Months Supply of Inventory in McKinney. This is a slight increase of 82.51% over the last 12 months, indicating a more balanced market for both buyers and sellers.

The List to Sold Price percentage is sitting at a strong 98.5%, showing that homes are selling close to their asking price. This is great news for sellers looking to maximize their investment.

The median days on market is just 29 days, indicating that homes are moving quickly in McKinney. Buyers need to act fast in this competitive market to secure their dream home.

Lastly, the median sold price in McKinney is currently $535,000. This shows steady growth in home values, making it a great time to invest in the McKinney real estate market.

Whether you’re a buyer or seller, now is the time to make your move in McKinney. Reach out to me at Ebby Halliday REALTORS for expert guidance and support in navigating the current market conditions.

Thank you for dropping into this market update. Stay informed, stay engaged, and let’s make your real estate dreams a reality. See you next time!