Dallas Area Residential Sales Report for March – McKinney TX

Dallas Area Residential Sales Report for March – McKinney TX

March saw a 13% decline in homes sales in the McKinney area. Pending sales were a little better only off 4%. The average sales price fell 2%. Median sales price was up 1%. The number of new listings declined 9%. Not much help! The active listings rose 18% as compared to last March when inventories were lower. The months of inventory is now sitting at 3 months half way to a balanced market.

Sales: 245

Average Sales Price: $356,550

Median Sales Price: $339,950

Pending Sales: 290

New Listings: 354

Active Listings: 739

Months of Inventory: 3

Information provided by the Real Estate Center

#mariesellsdallas #McKinneyTX #McKinneyHomes  #housing #MckinneyRealEstateAgent

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