Dallas Area Residential Sales Report for November – McKinney TX

Dallas Area Residential Sales Report for November – McKinney TX

As in other northern suburbs home sales fell in November off 12% but the pending sales rose 10%. We did see a 1% decline in the average sales price and median sales price came in flat. The number of new listings declined 22% and active listings fell 25%. The months of inventory dropped to 2.4 months. 6 months is considered a balanced market.

Sales: 189

Average Sales Price: $348,796

Median Sales Price: $330,000

Pending Sales: $233

New Listings: 189

Active Listings:   589

Months of Inventory: 2.4

Information provided by the Real Estate Center

#MckinneyTX #MckinneyHomes

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