
Hi there, I’m Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for January 2025 in McKinney, Texas.
Let’s dive into the numbers. Currently, we have a 3.59 Months Supply of Inventory in McKinney, Texas. This means that if no new homes were listed, it would take 3.59 months to sell all the homes on the market. Over the last year, we’ve seen a 25.96% increase in Months Supply of Inventory.
The Sold to List Price percentage is sitting at 101.6%, which means that on average, homes are selling for slightly above their list price.
The median days on market is 60, showing that homes are selling relatively quickly in McKinney.
And finally, the median sold price is $449,000. This gives you an idea of the average price of homes that are selling in the area.
So, whether you’re a buyer or a seller, these numbers can give you a better understanding of the current market conditions in McKinney. If you’re thinking about making a move, now is a great time to reach out and discuss your options.
Thank you for tuning in, and as always, feel free to reach out if you have any questions or if you’re ready to make a move. Have a great day!
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