Ken Oenbrink - NTX Property Watch Report

Mckinney, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Mckinney, TX

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Mckinney, TX

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Mckinney market.
Median List Price $392,820
Per Square Foot $148
Days on Market 101
Price Decreased 53%
Price Increased 8%
Relisted 7%
Inventory 781
Median House Rent $1,805
Most Expensive $3,500,000
Least Expensive $125,000
Market Action Index
Slight Seller's Advantage
37

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$599,900 4,029 0.25 - 0.5 acre 4 4 5 19 23 121
$433,990 2,986 6,500 - 8,000 sqft 4 3 1 24 25 133
$369,900 2,626 6,500 - 8,000 sqft 4 2 4 18 22 88
$289,900 2,025 6,500 - 8,000 sqft 3 2 17 39 55 63