Less that a months inventory available
Dallas Area Residential Sales Report for November – McKinney, TX
Sales rose 24% compared to last November. Unfortunately pending sales did not keep up and were down by 2% The average sales price jumped up 15% while the median sales price increased 12%. New listings declined 9%. Active Listings fell 77% taking the months of inventory down to 0.9 months. Looking forward I think that we will see falling sales numbers as buyers just con’t find a home to buy due to the very low supply.
Sales: 234
Average Sales Price: $399,067
Median Sales Price: $369,000
Pending Sales: 229
New Listings: 172
Active Listings: 136
Months of Inventory: 0.9
Information provided by The Real Estate Center
#mariesellsdallas #RealEstateMcKinney #HomesForSaleMcKinney
