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Mc Kinney, TX

McKinney TX - Market Reports - October 2009

Valarie Littles: Real Estate Agent in Dallas, TX

Listed below are market reports for McKinney TX. These reports have pulled data for October 2009, but also include monthly numbers for the past year through 2008.

If you are looking to buy or sell a house in this area, I would be glad to have the opportunity to assist you.

McKinney homes for sale, McKinney houses for sale ... UP ! 6 month review over 2008

Lynn911.com ~  Dallas Real Estate Agent Top Team: Real Estate Agent in Dallas, TX

McKinney Real Estate homes for sale, McKinney houses for sale or rent lynn911.com

McKinney houses for lease

SEARCHING FOR Mckinney homes for sale or lease

click here:

I hear so many times on a daily bases NO ONE IS BUYING HOMES ! have you stopped asked the person or media broadcaster IF THEY have reviewed status published in MLS

EXAMPLE:

McKinney homes sales 2008 vs. 2009

McKinney homes for SOLD and CLOSED:

5/15/09 - 11/15/09      1,402

McKinney house  for Sale and CLOSED: 

5/15/08 - 11/15/08       1,324

2009 Out performed 2008                      Difference                        78 More homes SOLD in 2009

2009 McKinney Homes Sold averaged            233.66 closing PER MONTH

DISCLAIMER:  MLS post accurate information of any listing posted in via professional Realtors and appraisers use the same site. McKinney homes SOLD via a builder or FSBO would not be posted in MLS, sales figures can vary.

If you are searching for a McKinney home for sale or lease contact my office.  The tax credit has been extended in 2010 for 1st time home buyers, or move up buyers . 

We offer a McKinney flat fee listing service saves you $1000's at closing

SEARCHING FOR Mckinney homes for sale or lease click here:

Visit our website : lynn911.com for over 51 ciites listed of Dallas homes for sale.

PRIOR POST:

11/15/2009 Frisco homes for sale, 6 Month close Sales 5/09 - 11/15/09 - Frisco houses for Sale,

What's Ahead for the week ahead and beyond for mortgage rates??

Joshua Campbell: Mortgage Company in Mc Kinney, TX

Mc Kinney, TX, 75070 - For Sale

11-01-09
Peter Twain
Peter Twain: Real Estate - Other in Frederica, DE

SELLER RELOCATING! MUST SELL! One-of-a-kind, custom built French Chateau with unique stone exterior on a creek lot in desirable King's Lake, McKinney's premier gated and guarded community. Immaculate finish-out and incredible attention to detail including Venetian plaster in dining room, rare granite countertops, furniture-style cabinetry, travertine and hardwood floors. Downstairs private master / in-law suite including separate study and kitchenette/bar. Exquisite paneled study with rich built-ins, domed ceiling and stately fireplace. Upstairs master suite - perfect for families with small children or extended family visits. Sixth bedroom designed and constructed for easy conversion to Media Room. Classic European pool with outdoor kitchen and fireplace. Oversized 4-car garage and massive attic storage. In-house water purification system, continuous hot water, drip irrigation around trees and beds. High-end appliances including Viking and Wolf. Designed and built to meet strict "Energy Star" energy efficiency guidelines. To directly access this property, use this shortcut: http://www.fizber.com/texas-buy-single-family-home-11648402.html

McKinney represents the Best 3rd Quarter 2009 Housing Report for the greater Dallas TX metroplex

Loreena Yeo - Broker|Realtor(R) of www.Frisco-TX-Homes.com (214) 783-2210: Real Estate Agent in Frisco, TX

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.

0-30 Days 31-60 Days 61-90 Days 91-120 Days 120+ Days
No. of Listings 271 125 88 72 131
Breakdown % 39.45 18.20 12.81 10.48 19.07
Avg Sales Price to Listing Price 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:

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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