Forest Ridge Subdivision in McKinney, Texas Home Sales Trends in 2014

In the Forest Ridge subdivision, the city of McKinney, there have been 7 homes sold in 2014. The homes sold were made between the years 2000 and 2006. The Forest Ridge subdivision houses have an average sales price of $500,143, the lowest selling price at $450,000, and the highest at $565,000.

Forest Ridge has an average house size of 4,054 square feet. The smallest size of a house was 3,416 square feet, and the largest was 4,410 square feet. A home in the Forest Ridge subdivision took an average of 96 days to sell. The speediest sale took 8 days and the slowest sale 275 days.

The Forest Ridge subdivision is located in McKinney, Texas. McKinney was the nation’s fastest growing city from 2000 to 2003 and again in 2006, among cities with more than 50,000 people. In 2007 it was ranked second-fastest growing among cities with more than 100,000 people and in 2008 as the third-fastest. In Money Magazines ‘Best Places to Live in the United States’ list, McKinney was ranked 2nd. McKinney is roughly 62.9 square miles in size. McKinney is located in Collin County on the far north side of Dallas.

Overall home sales in McKinney, Texas are at 2,832 homes sold, with an average sales price of $275,181. On average, sellers received 98% of their asking price, with homes spending an average of 38 days on the market. McKinney is known as area 53 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

DFW Team Realty is your local expert specializing in home sales in the Forest Ridge subdivision, as well as home foreclosures and short sales in the Forest Ridge subdivision. If you are looking to buy or sell a home in Forest Ridge, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.


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