January 2013 McKinney Home Sales Stats

January 2013 McKinney Home Sales Stats

“Numbers don’t lie” the saying goes.  If that saying holds true then good things are in store for McKinney home owners thinking about selling.  The Collin County Association of Realtors recently released the following statistics regarding McKinney home sales for January 2013.

 

                                                                           2013                                      2012                                      +/-

 

New Listings                                                       238                                         220                                    +8.2%

 

Average Sales Price                                         $235,954                              $219,578                              +7.5%

 

Median Sales Price                                          $199,450                              $176,000                              +13.3%

 

Days on Market until Sale                                   70                                       96                                           -27.5%

 

Inventory of Homes for Sale                              360                                     569                                         -36.7%

 

Months Supply of Inventory                               1.8                                      3.4                                          -46.5%

 

Those decreases in days on market and supply of inventory combined with increases in average and median sales prices create one of those perfect storms for selling a home.  If you’re tempted, call me so we can discuss what this means for you.

 

 

Sandy Setliff is a Realtor® with JP and Associates Realtors®.  She specializes in residential real estate sales in McKinney, Allen, Frisco, Anna and Melissa, Texas. She can be reached at 214 620 1615/cell, 972 375 9448/office or via email at [email protected]


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Phone: 818-519-3670
Dated: February 27th 2013
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About Sandy: Sandy Setliff, a longtime resident of North Texas, specializes in residential real estate sales in C...

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