Hey there, everyone! Marie Walton here with Ebby Halliday REALTORS, bringing you your November 2024 market update on condos and town homes in McKinney, Texas. Whether you’re a buyer or seller, I’ve got some important data to share with you today.
Let’s dive into the numbers. Currently, we have a 4.94 Months Supply of Inventory in McKinney. That’s up 30.34% compared to the last 12 months. What does that mean for you? Well, it’s a good indication of the balance between supply and demand in the market.
Next up, the List to Sold Price percentage is sitting at a solid 97.1%. This tells us that sellers are getting close to their asking price when their homes sell.
Now, if you’re wondering how long it takes for a home to sell in McKinney, the median days on market is 40. That’s a key metric for both buyers and sellers to keep in mind when navigating the market.
And finally, the median Sold Price in McKinney is $407,500. This gives you a snapshot of the current market value of homes in the area.
So there you have it, folks! A quick snapshot of the McKinney condo and town home market for November 2024. Remember, these numbers are just a piece of the puzzle when it comes to making informed real estate decisions. If you have any questions or need assistance, don’t hesitate to reach out to me at the phone number or email address below.
Thanks for dropping in, and happy house hunting or selling! See you next time!
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Marie Sells Dallas 