Dallas Area Residential Sales Report for August – McKinney TX

McKinney fared better than most of the Northern Dallas suburbs  in august. Sales were only down 1%! The pending sales number was not as good off 11%. The average sales price rose 4% while the median sales price climbed 5%. The number of new listings fell 4% but the active listings increased 22% as compared to last August. The months of inventory rose to 3.7 months. We are getting closer to a balanced market.

Sales: 300

Average Sales Price: $358,887

Median Sales Price: $334,950

Pending Sales: 247

New Listings: 359

Active Listings: 936

Months of Inventory: 3.7

Information provided by The Real Estate Center

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