Home Sales Trends in the Chapel Hill subdivision – McKinney, Texas

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Home Sales in the Chapel Hill subdivision in McKinney, Texas have been brisk in 2012, with 9 homes sold. The homes sold were built between the years 2005 and 2012, and the average sales price for a home in the Chapel Hill subdivision was $256,329.

The lowest sale was at $184,000 and the highest sale was at $389,900. The average size of a home in the Chapel Hill subdivision is 2322 sq. ft., with the smallest at 1808 sq. ft. and the largest at 2861 sq. ft. Homes in the Chapel Hill subdivision sold, on average, in 102 days. The quickest sale took 8 day and the longest sale 271 days. The average price per square foot for a home in the Chapel Hill subdivision is $110.56.

The Chapel Hill subdivision is located in McKinney, Texas, 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 McKinney 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 2,878 homes sold, with an average sales price of $227,394. On average, sellers received 95% of their asking price, with homes spending an average of 68 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 2012.

DFW Team Realty is your local expert specializing in home sales in the Chapel Hill subdivision, as well as Home Foreclosures, and Short Sales in the Chapel Hill subdivision. If you are looking to buy or sell a home in the Chapel Hill subdivision, contact DFW Team Realty.

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