
The townhome market in McKinney, TX, during August 2025 is demonstrating a shift from the robust seller’s market of the previous year toward a more balanced and nuanced environment. While McKinney as a whole is still considered a highly desirable and top-ranked real estate market nationally, the dynamics within the townhome segment reflect a market that is recalibrating. There is a general trend of moderated price appreciation and a slower pace of sales.
Properties are spending a longer duration on the market compared to the same period last year. This extended marketing period indicates that buyers are taking more time for due diligence and negotiation, a behavior that was less prevalent during the recent frenzied market. Additionally, a notable percentage of listings have undergone price reductions, which further points to a market where sellers are adjusting their expectations to align with current buyer behavior.
The overall market has seen an increase in active inventory, which offers a broader selection for prospective buyers and reduces the intense competition that previously characterized the market. This increased supply, coupled with a slight decline in the sale-to-list price ratio, has granted buyers more negotiating leverage. While townhomes are still in demand, the market is no longer defined by the high-velocity sales and bidding wars that were once commonplace. The conditions favor a more strategic approach for both buyers and sellers, marking a transition toward a more normalized and sustainable market.
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