Wednesday, October 26, 2016

McKinney, Texas Residential Sales Report for September

Sales were up!
Single-Family:
Sales climbed 11% in September compared to last year. The average sales price was up 10% while the median sales price rose 13%. If you are looking for a home under $200,000 you have 7 to chose from today. Pending Sales fell 1%. that's to small a number to tell us anything about next month. The number of new listings increased 5% and the active listings jumped up 30%. while this is a nice increase to see if you are a buyer, it only moved the months of inventory to 2.2 months. It's still a Sellers Market.

Sales: 262
Average Sales Price: $326,199
Median Sales Price: $295,000
Pending Sales: 209
New Listings: 245
Active Listings: 501
Months of Inventory: 2.2

Information provided by The REal Estate Center at Texas A&M

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