Dallas Area Residential sales Report for January – McKinney TX

Dallas Area Residential sales Report for January – McKinney TX

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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

#McKinneyTX #realestateMckinney #HomesForSaleMcKinney

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