Dalas Area Residential Sales Report for April – McKinney TX

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

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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

This site uses Akismet to reduce spam. Learn how your comment data is processed.