Dallas Area Residential Sales Report for November – McKinney TX

After positive sales last month, Sales fell 5% in McKinney during November. Pending sales declined 3%.  The average sales price increased 2% while the median sales price was flat. New listings dropped 2% but we saw a 14% rise in the number of active listings. The months of inventory rose slightly to 3.1 months. 6 months is considered a balanced market.

Sales: 219

Average Sales Price: $354,685

Median Sales Price: $329,320

Pending Sales: 211

New Listings: 241

Active Listings: 782

Months of Inventory: 3.1

Information provided by The Real Estate Center

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