| Market Conditions for McKinney, Texas
Reported by Warren Beckmann, REALTOR
As of August 11, 2007. |
|
Real Estate Home sales in the city of McKinney, Texas, MLS area 53.
Listings closed in July 2007, reported as of August 10, 2007.
Number of homes sold 222, (do to an error in the way one sale was recorded these numbers are based on 221.)
Average Selling Price $226,139.
Selling Price Percent of Listing Price 98%.
Average Days on the Market 71.
Lowest Sale Price $32,500.
Highest Sale Price $1,224,590.
Average Sold Price per Square Foot $88.44
As you can see from the information above, single family homes in McKinney are selling with an average of 71 days on the market. Of the 221 closings that have reported in to date for July, had an average asking price of $231,720 and sold for 98% of list price, this indicates a strong market. If you are considering a move to the McKinney Texas area and are interested in information on a specific area or details of a previous month, contact me. I can email you information on all active listing in that area that fit you criteria, as well as an analysis of recent comparable sales in that area. You can reach me through my office 972-732-6000 or direct at 214-498-6598. You can also get lots of great real estate information by visiting http://www.BeckmannRealEstate.com
Source: NTREIS or North Texas Real Estate Information System
Location Characteristics: Located in Central Collin County you will find this wonderful town of
McKinney, whose undeniable charm cannot be beat. Once you discover this community full of rich history and gently rolling hills, you will certainly agree. You will love the ambiance of both the old and the new. Master planned communities nested in lush wooded terrain await even the most discriminating home buyer. The established area of Eldorado is a premier community and home to the Eldordo Country Club. Many gorgeous pre-owned homes can be found here. There are also many new home additions that sprung up around this prominent area of McKinney. Stonebridge Ranch encompasses 5,000 acres of planned development, representing the largest single tract of land ever annexed into an existing city in the history of the state of Texas. This development features two country clubs with championship golf course. Then you have the homes of various ages and styles that are available in McKinneys registered historic district. Although many are restored some offer the projects that restoration enthusiasts are looking for. Housing in the city ranges from under $100,000 to over 1 million with styles from patio homes to multi-area estates.
For More Information: