Dallas Area Residential Sales Report for July – McKinney Tx
As in most other areas in North Texas McKinney home sales were great in July climbing 28% over last July’s numbers. Pending sales rose 20% so we can anticipate a good sales number in August. The average sales price increased by 8% while the median sales price came in 5% higher. New listings rose 11% but with all the sales the number of active listings decline 55%. The months of inventory now stands at 1.5 months.
Sales: 382
Average Sales Price: $392,775
Median Sales Price: $358,000
Pending Sales: 360
New Listings: 358
Active Listings: 343
Months of Inventory: 1.5
Information provided by The Real Estate Center
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