Dallas Area Residential Sales Report for February - McKinney TX
Well, sales were booming in McKinney during the month of February, Single-family home sales were up 23% as compared to last February. The average sales price fell 2% but the median sales price increased 1%, Just some gyrations in the markup of the sales, Pending sales increased 15% so March is looking good. The number of new listings climbed 2%. The active listings number came in at up 29%. I know that looks like a huge jump in inventory, but it is not, The number is just a reflection of how low the inventory level was last February. The months of Inventory is at 2.3 months. It's very much a sellers market in McKinney.
Sales: 212
Average Sales Price: $349,412
Median Sales Price: $330,000
Pending Sales: 253
New Listings: 302
Active Listings: 560
Months of inventory: 2.3
Information provided by the Real Estate Center
#mariesellsdallas #McKinney #realestate #homesforsale #buyeradvice #selleradvice
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