Dallas Area Residential sales Report for January – McKinney TX
Buyers were everywhere but McKinney in January. Home sales eked out a 1% gain while pending sales took a 7% hit. The average and median sales price rose 2%. Now the really bad news if you are a buyer. The number of new listings declined 17% and active listings fell 26%. The months of inventory is now at 2.1 months . Hard times to find that dream home!
Sales: 139
Average Sales Price: $365,439
Median Sales Price: $335,000
Pending Sales: 218
New Listings: 246
Active Listings: 514
Months of inventory: 2.1
Information provided by The Real Estate Center
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