McKinney TX Residential Real Estate Report for January

McKinney is still trucking along!

Sales were up 3% in McKinney as compared to January of last year. The average sales price rose 13%while the median sales price climber 8%. Pending sales were strong coming in at up 12%. Looks like next months will have good sales numbers. The new listings increased 2%. there was a lager jump of up 21% in the number of active listings. not sure what caused that. The months of inventory now stands at 1.6 months. not a great supply!

Sales: 159

Average Sales Price: $336,553

Median Sales Price: $304,900

Pending Sales: 202

New Listings: 364

Months of Inventory: 1.6

Information provided by The Real Estate Center

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