Dallas Area Residential Sales Report for March – McKinney, TX

Dallas Area Residential Sales Report for March – McKinney, TX

mckinney good

Buyers were not out in March in the McKinney area. home sales declined 7%. The average sales price rose 3% while the median sales price came in flat. New lsitings dropped 18%. Active listings fell 32%. The months of inventory is now at 3.2 months. supply is getting short and this is causing problems for buyers to fine that dream home.

We will nor begin to see the full effects on real estate from the COVID-19 virus until we get the April sales but pending sales give us a forward look and in McKinney they we down 9%.

Sales: 223

Average Sales Price: $365,189

Median Sales Price: $336,260

Pending Sales: 263

New Listings: 290

Active Listings: 501

Months of Inventory: 2.1

Information provided by The Real Estate Center

#realestateMckinney #HomesForSaleMcKinney #McKinneyRealtor

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.