Real Estate Market Snap Shot for McKinney Texas

Wayne Gooden Real Estate McKinney Texas

Hey, I gotta pay the bills so along with all the other great stuff you get on Good Texas Living … I’m going to be sharing with you about one market area that is near and dear to my heart … the McKinney Texas Real Estate Market. Right now home sellers have their eye on the trends that are happening. If you have been looking to buy a house, you know, it’s a sellers market. If you are thinking about selling, you are asking, should I pull the trigger now and put it on the market. The chart below is a current look, as of August 1, 2015.

market chart mckinney texas

chart from Movoto

McKinney’s home resale inventories decreased slightly, with a 2 percent decrease since July 2015. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in August. The median listing price in McKinney went up from July to August. There were a total of 50 price increases and 228 price decreases.

mckinney median august real estate

Consistently ranked as one of America’s fastest-growing cities, McKinney retains its hometown charm and boasts
incomparable quality of life. This community is set apart from surrounding North Texas suburbs with a charming
historic district, beautiful parks and open spaces, topnotch golf courses, and diverse housing options. The
McKinney Independent School District has 26 of 27 campuses ranked exemplary or recognized by the Texas
Education Agency. McKinney Community Profile

Should you Sell Your Home, Now?

Dave Ramsey says, yes. Based on the limited amount of houses available it’s driving up the price in most markets. The National Association of Realtors® state that 46% of houses on the market, sell in less than 30 days. Depending on your equity in your home, it may be a good time to put that house on the market.

Would you like a closer look at your McKinney, Texas Neighborhood? You have come to the right place. As a McKinney Texas resident I feel I can give you an insight into the best places to live or get the best price for your home.

 

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