McKinney Property Sales For January 2017 Down 7.9%

By
Real Estate Broker/Owner with DFW Team Realty
January 2017 Real Estate Market Summary for McKinney, TX (MLS Area 53)
  Month Year to Date
  2017 2016 % Change 2017 2016 % Change
New Listings 251 258 2.8 251 258 2.8
Closed Sales (Reported) 165 152 -7.9 165 152 -7.9
Closed Sales (Projected) 165 171 3.5 165 171 3.5
Listings Under Contract 180 198 10.0 180 198 10.0
Average Sales Price $296,184 $334,603 13.0 $296,184 $334,603 13.0
Median Sales Price $281,990 $304,450 8.0 $281,990 $304,450 8.0
Percent of Original Price Received 97.5 98.1 0.6 97.5 98.1 0.6
Days on Market Until Sale 39 42 7.9 39 42 7.9
Inventory of Homes for Sale 372 401 7.8      
Months Supply of Inventory 1.6 1.7 5.8      

In January 2017 in McKinney the number of homes sold was 152 total, a fall of 7.9% from January 2016. In McKinney there were 152 recorded properties sold year to date, and this was a decline of 7.9% from January 2016. This month projected housing sales was at 171, an improvement of 3.5%. In McKinney there was a rise of 3.5% in projected residential housing sales year to date. There were 171 projected residential housing sales this year. New homes for sale in the market this month in McKinney reached 258, a growth of 2.8%. There were 258 new listings in the market year to date, and this was an improvement of 2.8%. In McKinney there were 198 houses listed under contract in January 2017, and this was a hike of 10% compared to last year. Year to date there was an improvement of 10% in listings under contract in McKinney from 2016. There were 198 listings under contract total this year. The number of months supply of homes on the market this month increased 5.8%, with 1.7 months supply of homes on the market total this month. In January 2017 in McKinney homes for sale was 401, a climb of 7.8%. This month there were 42 days on market until sale in McKinney, and this was a hike of 7.9% compared to the same point in time last year. Percent of list price received in January 2017 showed a gain of 0.6%, with 98.1 percent total. Year to date the number of percent of original list price received was at 98.1, a hike of 0.6%.

Click here to view homes in McKinney.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Collin County McKinney
Tags:
mckinney texas homes
mckinney home value reports

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
766,552

Bob Baesmann

DFW Team Realty | 972-978-8800
Ask me a question
*
*
*
*
Spam prevention