McKinney Residential Sales Report for March

McKinney Residential Sales Report for March

Sales in McKinney were up 9% as compared to last March. The average sales price rose 6% while the median sales price too an 11% jump up. The increase in the median sales price means that there were a substantial number of sales in the upper price ranges. Pending sales increased 7%. The number of new listings was up a nice 34% and the  active listings climbed 44%. The months of inventory increased to to 2.1 months. Not much of a help for buyers.

Sales: 223

Average Sales Price: $337,211

Median Sales Price: $315,000

Pending Sales: 3905

New Listings: 406

Active Listings: 478

Months of Inventory: 2.1

Information provided by The Real Estate Center

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