McKinney TX sold 687 home sales in the 3rd Quarter 2009. These numbers include single-family homes, condos,
duplexes and townhomes in McKinney TX (not only MLS 53 but including MLS 55
McKinney TX on the local MLS system). When the 3rd Quarter 2009 ended,
McKinney TX sold 687 homes this quarter. When compared to the same time last year, McKinney TX sold
606 homes for the same period in 2008.
The positive news is an astounding improvement of 11%. It
is deserving of a victory when every city around it see a decline when comparing
to the same time last year.
January: 100
McKinney TX homes SOLD
February: 128
McKinney TX homes SOLD
March: 185
McKinney TX homes SOLD
April: 175
McKinney TX homes SOLD
May: 191
McKinney TX homes SOLD
June: 225 McKinney TX homes SOLD
July: 260 McKinney TX homes SOLD
August: 241 McKinney TX homes SOLD
September: 186 McKinney TX homes SOLD
3rd Quarter 2009 (July 1 -
September 30):
687 McKinney TX sold homes
for $148,166,696
In this 3rd Quarter,
The average home in McKinney Texas is 4-bedroom, 3 bathrooms,
approximately
2,600
square feet and sold for $215,672 in 74 days on the market.
The lowest priced home sold for $34,900 (3-bedrooms, 1-bathroom
property, 952 square feet) near Downtown McKinney TX 75069. It is
bank-owned property, sold in 43 days. The buyer paid cash.
The most expensive priced home sold for $971,000 (5-bedrooms, 4 1/2-bathrooms, over 6,100 square feet) in
Provine Farms McKinney TX 75070.
It is a custom built English Tudor, with breathtaking views of the
backyard with a swimming pool and spa on this property.
I think it's important to study the days on market for the homes sold.
As a buyer, you will understand the "limits" of your negotiation power in
general and as a seller, it is important to know the pricing correctly gives you
the greatest chance to sell your home.
| 271 |
125 |
88 |
72 |
131 |
| 39.45 |
18.20 |
12.81 |
10.48 |
19.07 |
| 97.6% |
96.5% |
97.4% |
96.0% |
96.0% |
| |
Average Price per Square Feet |
Average Days on Market |
| January |
$77 |
82 |
| February |
$77 |
85 |
| March |
$79 |
89 |
| April |
$81 |
86 |
| May |
$83 |
87 |
| June |
$83 |
75 |
| July |
$82 |
70 |
| August |
$82 |
70 |
| September |
$82 |
78 |
Real Estate Commentaries based on the above market data:
McKinney TX continues to be very promising in delivering positive
signs of real estate market recovery in the DFW metroplex. It is one of the few
cities that continue to yield improvement numbers in the past few months. To
date, McKinney TX sold 1,691 homes from January 1 through September 30. When
compared to the same period last year, McKinney TX sold 1,788 homes.
There are 861 homes for sale in McKinney TX. 349 homes are currently
under contract. Based on its current
inventory level, it would take approximately 20 weeks (5 months) to
sell based on its market pace, also known as Absorption Rate.
Read how McKinney TX homes stack up to other surrounding cities for home sales in
the month of August:
View Just Listed McKinney TX homes for sale:
Create a profile to receive property
alerts, save searches and track your dream home as it comes on the market.
Click on Get Listing Updates at the right corner above the map.
*********************************************************************************************
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Contact:
Loreena Yeo
Realtor®/ Broker of 3:16 team REALTY
(214) 783-2210
loreena@loreenayeo.com
Super-serving Frisco, Plano, Dallas, McKinney, Allen, Little Elm, Prosper, Celina, Richardson, Dallas M-Streets, Dallas White Rock Lake area communities and other surrounding areas.
Copyright © 2009 by Loreena Yeo (3:16 team REALTY).
Originally Posted on
McKinney TX 3rd Quarter 2009 Housing Market Report
