Dallas Area Residential Sales Report – Condos McKinney, Texas
The market for condominiums in McKinney, TX, during August 2025 is in a state of adjustment, reflecting broader trends toward a more balanced environment. The high-paced, competitive atmosphere of previous years has given way to a landscape with a more measured cadence.
While the overall McKinney real estate market has been recognized for its strength and new construction, the condominium segment is showing signs of a recalibration. There has been a noticeable increase in the time properties are spending on the market, indicating that buyers are exercising more deliberation and less urgency in their purchasing decisions. This extended marketing period provides prospective buyers with more opportunities for due diligence and negotiation.
This shift in market dynamics is also reflected in pricing. While prices remain robust and are still at a premium, a softening has been observed, with some metrics pointing to a decline in median sale prices year-over-year for condos and townhomes combined. Furthermore, the sale-to-list price ratio has decreased, suggesting that sellers are no longer consistently receiving their full asking price and are becoming more flexible in their negotiations. This is creating a more approachable market for buyers who may have previously been priced out. The increased inventory is a defining feature of the current market, providing a wider array of options and reducing the intense competition that was once the norm.
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Marie Walton, GRI REALTOR & ASSOCIATED BROKER (972) 816-5197 mariewalton@ebby.com View Website Ebby Halliday – North Dallas 16000 Preston Road, Suite 100 Dallas TX 75248 #RealEstateMcKinney #CondosForSaleMcKinney #McKinneyCondos #DFWRealEstate #NorthTexasCondos #MarketUpdate #RealEstateTrends #BuyerAgent #CondoHunting #CondoBuying #DreamCondo #MovingToMcKinney #Relocation #SellerAgent #SellingMyHouse#McKinneyTX #Texas#buyeragent #condobuying #condohunting #condosforsalemckinney #dfwRealEstate #DreamCondo #MarketUpdate #mckinneycondos #movingtomckinney #NorthTexasCondos #RealEstateMcKinney #realestatetrends #relocation #selleragent #sellingmyhouse #texas
