Dallas Area Residential Sales Report for April - McKinney TX
No shortage of buyers for McKinney homes! April sales were up 13% as compared to last April. The average sales price increased 7% while the median sales price rose 2%. Pending sales numbers are making May sales look good with a 15% rise. The number of new listings jumped 25%. The active listings were up a healthy 28%. Al this sounds good but, the increase only took the months of inventory to 3.3 months. this is well short of the 6 months considered a balanced market. McKinney is still in the sellers market column.
Sales: 282
Average Sales Price: $363,198
Median Sales Price: $332,500
Pending Sales: 338
New Listings: 427
Active Listings: 644
Months of Inventory: 3.3
Information provided by the Real Estate Center
#mariesellsdallas #McKinney #McKinneyhomesales #McKinneyrealestate McKinneyhomevalues
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