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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