Dallas Area Residential Sales Report – McKinney, Texas

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

Let’s dive into the numbers. Currently, we have a 3.37 Months Supply of Inventory in McKinney. Over the last 12 months, we’ve seen a 34.8% increase in Months Supply of Inventory, indicating a shift in the market.

The List to Sold Price percentage in McKinney is sitting at 97.3%, showing that sellers are able to negotiate their prices effectively in this market.

The median days on market in McKinney is 55 days, which is a key indicator for both buyers and sellers to understand how quickly homes are selling in the area.

[Cut to Marie Walton standing in front of a sold sign displaying the median sold price]
Marie Walton: And finally, the median sold price in McKinney is $517,595. This gives both buyers and sellers an idea of the current market value of homes in the area.

Overall, the market in McKinney is showing signs of stability and growth. Whether you’re looking to buy or sell, it’s important to stay informed and work with a REALTOR® who can guide you through the process. If you have any questions or are interested in learning more about the McKinney market, feel free to reach out to me at the phone number or email address below. Thanks!