McKinney Neighborhood – Craig Ranch

The single-family real estate market in the Craig Ranch neighborhood of McKinney, TX, during August 2025 is in a period of adjustment. While it remains a desirable and active market, it has transitioned from the highly competitive environment of last year to a more balanced landscape. We are observing a significant increase in the time properties are spending on the market, indicating that buyers are now exercising more deliberation in their purchasing decisions.

Furthermore, a decline in transaction volume suggests a slight reduction in the number of completed sales compared to the previous year. This is a common trend when market dynamics shift, as both buyers and sellers adapt to new conditions. While some data points to continued price appreciation, others show a slight decrease in overall values, indicating a more nuanced and less aggressive pricing environment.

This new market reality is reflected in the sale-to-list price ratio, which has softened, and in the fewer instances of homes selling above their asking price. Sellers are therefore experiencing a decrease in their negotiation leverage. In essence, while the intrinsic value and appeal of the Craig Ranch neighborhood remain strong, the market has recalibrated to a more normalized and sustainable pace, offering buyers a more measured and strategic opportunity to acquire a property.