2013 Housing Statistics For McKinney Texas

2013 Housing Statistics For McKinney Texas

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
 

New Listings                                                         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              +9.7%                     $229,405  

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.  

For a FREE valuation of your home 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 sandysetliffhomes@gmail.com.


To subscribe to my monthly email letter send a request to sandysetliffhomes@gmail.com.
 


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Phone: 214-620-1615
Dated: January 27th 2014
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About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in N...

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