Dallas area Residential Sales Report for June – McKinney, TX
Home sales were up by 6% compared to last June but pending sales tell the real story. They climbed 45%! Both the average and median sale price increased 3%. Now for the problems. New listings declined by 12% and active listings took a 52# hit. The months of inventory dropped to 2.2 months. Buyers going forward are going to have a hard time finding that dream home.
Sales: 312
Average Sales Price: $390,802
Median Sales Price: $361,000
Pending Sales: 410
New Listings: 355
Active Listings: 363
Months of Inventory: 2.2
Information provided by The Real Estate Center