A grounded way to think about price, pace, and next steps
When both timing and pricing matter, I would not try to guess my way through it. Last month in McKinney, TX, the typical asking price was $540,000 and the typical sale took 34 days, so the market is still asking for discipline on both sides of the table.
Last month, the typical asking price was $540,000. That number matters because it frames what buyers are seeing first and what sellers are asking the market to accept.
The 34-day typical sale timeline tells me homes are still moving, but not so fast that you can afford to be loose on either side. Buyers need to compare carefully, and sellers need to make sure the first price is defensible.
I would begin with the homes that are already close to market reality, then compare how they are performing against the rest. I would also watch whether the first week on market feels strong enough to justify staying the course.
