McKinney, Texas houses sold gain 12% in December of this year

Overall this year, home sales dropped 1% relative to the same period last year, with 2,851 homes sold so far this year. There were 227 housing sales in McKinney this month, a 12% growth from last month.

Year-to-date new listings have reached 3,353 overall, which is a 0% dip from a year ago. There were 137 new housing properties listed in December of this year, a 13% decrease from last month. Listed homes under contract in December of this year in McKinney climbed 11%, with 170 houses currently listed under contract this month. So far this year, houses sold went up 0% relative to the same month last year, with 2,860 houses sold. The average sales price in total for this year went up 9% relative to the same month last year, the average selling price being $298,501. This December, the average price for a home for properties in McKinney was approximately $298,638, which is a 5% gain from a month ago.

During December, buyers sold their houses for 97% of their listed price, a 0% upturn from the previous month. On average year-to-date, buyers got 99% of their list price, which is a 1% growth relative to the same period last year. The days on market until sale during December in McKinney gained 4%, at 41 days on market until sale. Days on market until sale year-to-date fell 11% compared to the same period last year, at 31 days on market until sale. The current supply of active listings on the market was 308 homes. The current supply of active listings on the market in December of this year in McKinney decreased 5%. The month supply of houses in December 2015 in McKinney dropped 3%, with a 1.3 month supply of available homes.

MLS Area 53 is the Multiple Listing Service Access number for McKinney, as designated by the North Texas Real Estate Information System. The DFW metroplex comprises 13 counties and two major metropolitan regions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. The Gross Metropolitan Product of The DFW area is sixth largest in the United States and about tenth largest in the world. The Dallas Fort-Worth area is, in regards to population, the largest metropolitan area in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas.

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McKinney Texas Real Estate December 2015

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