Lots of great news for McKinney
in the 2013 housing statistics recently released by The Collin County
Association of Realtors. The only
category that declined overall for the year was a good one: the Days on Market
Until Sale decreased to 40 days on market down from 58 days in 2012. Here are the actual numbers for McKinney comparing
housing sales in 2013 to housing sales in 2012:
2013 +/- 2012
3,380 +13.1% 2,989
Closed Sales Reported 2,904 +23.0% 2,361 Listings under contract 2,905 +21.6% 2,389
Average Sales Price $251,718
Median Sales Price $220,000 +11.7% $197,000
% of Original List Price Received 96.8% +1.9% 95.0%
Days on Market until Sale 40 -31.5% 58 The increase in Average and
Median Sales prices, closed sales reported and the % of Original List Price
Received are all good indicators for sellers and usually mean more competition
for buyers. But there is still good news
for buyers in that interest rates remain reasonably low. Buyers who are prequalified and ready to act
quickly should have good things in store as well, however, they will likely need
to be prepared to compete and come strong with their offers.
To see 2013 Housing Statistics
for Collin County as a whole click here.
To search for homes click here.
Sandy Setliff is a Realtor® with JP and Associates Realtors®.
She specializes in residential real estate sales in McKinney, Allen,
Frisco, Anna, Melissa and Van Alstyne, Texas. She can be reached at 214 620
1615/cell, 972 375 9448/office or via email at firstname.lastname@example.org. To subscribe to my monthly email
letter send a request to email@example.com.
Author:Sandy Setliff Phone: 214-620-1615 Dated: January 27th 2014 Views: 2,480 About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in N...
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