Dallas Area Residential Sales Report for February – McKinney, TX
Sales down sharply. Price up Sharply!
Home sales fell 35% while pending sales were also off by 35%. Hard to say how much was due to the weather and to the shortage of proprieties. The average sales price came in 21% higher than last February. Median sales price increased 13%. New listings declined 45% while the active listings dropped 79 taking the months of inventory done to 0.4 months.
Average Sales Price: $430,034
Median Sales Price: $390,640
Pending Sales: 166
New Listings: 156
Active Listings: 112
Months of Inventory: 0.4
Information provided by The Real Estate Center
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