Dallas Area Residential Sales Report for September – McKinney, TX
Sales down. prices up.
Sales fell 36.1% compared to last September. Pending sales dropped by 21%. The medina sales price rose 18.9% while the average sales price climbed 13.7%. Thr original list price to sales price to sales price was 96,8%. New listings declined 19.8%. Active listings were 76.9% higher, but this only took the months of inventory to 1.9 months. 6 months is comsidered a balanced market and were are a long way from that.
Pending Sales: 147
Medina Sales Price: $535,000
Average Sales Price: $568,889
Original List Price to Sales Price: 96.8%
New Listings: 207
Months of Inventory: 1.9 months