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

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s