Dallas Area Residential Sales Report – McKinney Condos and Townhouses

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

Currently, we have a 4.96 Months Supply of Inventory in McKinney. This means that at the current rate of sales, it would take just under 5 months to sell all the homes on the market. Over the last 12 months, we’ve seen an increase of almost 39% in Months Supply of Inventory, indicating a slight shift towards a more balanced market.

The List to Sold Price percentage in McKinney is holding strong at 96.4%, showing that sellers are still able to negotiate favorable prices for their homes. The median days on market is 102, which means that on average, homes are selling within a little over 3 months.

And finally, the median sold price in McKinney is $387,495. This represents the midpoint of all home sales in the area, showing a stable and healthy market.

Whether you’re a buyer or a seller, now is a great time to consider your options in McKinney, Texas. If you’re looking to make a move, I’m here to help you navigate the market and find the perfect home for your needs.

Thank you for tuning in to this market update. If you have any questions or are ready to make a move, don’t hesitate to reach out to me. I look forward to helping you achieve your real estate goals. Thank you and have a great day!