McKinney recorded 2,439 active listings in September, while the median market time reached 60 days. Homes sold approximately 5.05% below asking, highlighting the importance of accurate pricing, compelling presentation, and a well-managed negotiation strategy.
Mortgage rates moving above 7% could further influence buyer affordability and seller expectations. If higher rates persist, some buyers may take more time to act, while motivated sellers may face increased pressure to stand out and respond to market feedback.
Pending sales, new listings, and months of supply are key indicators to watch next. Together, they can reveal whether demand is strengthening, inventory is building, or buyers are gaining additional leverage.
For sellers, sharper positioning may mean a competitive launch price, polished marketing, and flexibility during negotiations. Buyers should monitor opportunities, understand monthly payment impacts, and work with a local professional to build a focused strategy for McKinney’s evolving market.