Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here in McKinney, Texas. Today, I’m excited to give you a market update for June 2024.

Currently, we have a 3.87 Months Supply of Inventory in McKinney. That means if no new homes were listed, it would take just under 4 months to sell all the homes on the market. Over the last 12 months, we’ve seen a slight increase of 14.84% in the Months Supply of Inventory.

The List to Sold Price percentage is an impressive 98.8% in McKinney. This means that, on average, condos and townhomes are selling for almost the full asking price.

: The median days on market in McKinney is just 25 days. This shows that homes are selling quickly in our area, so if you’re thinking of selling, now might be a great time to list your condo or townhome.

And finally, the median sold price in McKinney is $437,000. This shows that our market is strong and properties are holding their value.

Whether you’re looking to buy or sell in McKinney, now is a great time to make a move. If you have any questions or would like more information, feel free to reach out to me at Ebby Halliday REALTORS. Thanks for dropping in, and I’ll see you in the next market update!