I would expect some negotiation, but not unlimited discounts
If you are trying to figure out whether sellers are giving deep discounts right now, the short answer is not broadly. In McKinney, TX, recent closings were still fairly close to asking, so your negotiation plan needs to be realistic.
Here is the constraint I plan around based on the previous 30 days recent closings landed at 96.8% of asking. That gives buyers some room to negotiate, but it does not support a strategy built around sweeping low offers on every home. The practical impact is that pricing still matters on both sides. In McKinney, TX, the typical sold price was $441,990 last month, while active homes were typically listed at $524,990 recently. That spread means some listings may still be aspirational, but it does not mean every seller is ready to cut dramatically. If you only remember one closed data point right now, make it the offer-to-ask relationship. With 3.02 months of supply recently, the market is still shown in seller-favoring territory in the file. Review how long the home has been available. Focus your negotiation energy where price, condition, and timing justify it. Keep your offer grounded in the recent close-to-ask pattern instead of assuming a soft response. Very short answer be firm, not random. I recommend buyers in McKinney, TX make their strongest case on value and terms rather than expecting the market to hand them a large discount by default. For sellers, that same number is a reminder to stay realistic and responsive if a home is not earning the expected attention.
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 →