A strong asking price should line up with how deals are really closing
If you are asking how ambitious your list price can be, my answer is disciplined ambition. In McKinney, TX, sellers still have support, but the smartest pricing starts with where buyers actually closed last month.
Looking at the latest numbers, the clearest signal was $524,990 as the typical asking price for active homes recently. Newly listed homes were typically priced at $499,000 last month, while the typical sold price came in at $441,990. That matters because there is a real difference between entering the market, staying on the market, and closing the deal. In McKinney, TX, recent closings landed around 96.8% of asking, and a typical sale took 60 days last month. Here is the constraint I plan around based on the previous 30 days supply stood at 3.02 months recently. That gives sellers a firmer footing than an oversupplied market, but it does not erase buyer resistance when a home is priced beyond what recent closings support. Study the homes you would truly compete against, not just the highest ones in your ZIP code. Pick a list price that can survive buyer comparison. Decide whether your goal is maximum attention early or a longer test period at a higher number. Where people get this wrong is treating seller-favoring conditions like a blank check. I recommend using McKinney, TX pricing evidence as a guardrail. If your home enters too high, the market may still respond slowly even with modest supply. A well-judged starting number usually protects your leverage better than chasing reductions later.
About Mercy Le Fevre
Mercy Le Fevre is a licensed Real Estate Professional affiliated with eXp Realty, specializing in the McKinney market. With a focus on strategic marketing and deep local knowledge, Mercy Le Fevre provides clients with expert guidance in navigating complex real estate transactions. View full profile →
