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Home > Local Real Estate Markets > McKinney TX  April 2010 Sold Homes Market Report

 

 

In the April 2010, McKinney TX sold 210 homes for $47,344,687. These includes single-family homes, townhomes and duplexes in the City of McKinney TX.

January 2010 = 60 McKinney TX homes sold
February 2010 = 75 McKinney TX homes sold
March 2010 = 105 McKinney TX homes sold

April 2010 = 210 McKinney TX homes sold

When compared to the same time last year (2009), McKinney TX sold 181 homes. It is UP 13.8% from the previous year.

The lowest priced home sold for $25,000 in East McKinney TX 75069. This was an older property (built in 1950) with 2-bedrooms and 1 bathroom. It took 294 days to sell.

The highest priced home was sold in Settlement at Craig Ranch for $675,000 - a beautiful Mediterranean villa, almost 5,000 square-foot home, 5-bedrooms, 4 full bathrooms with 3-car garage. It also had an Italian designed backyard. It was a bank foreclosure. It took 542 days to sell.

The average home in McKinney TX is $225,451, a 3 bedrooms, 2 bathrooms, 2,600 square feet. The average price per square feet is $86/sq.ft. The average days on market to sell is 61 days.

The median home sales price in McKinney TX is $180,250, which means half of the homes sold in McKinney TX for the April 2010 sold for less than $180,250 and half of the 210 homes sold for more than $180,250.

Here is the snapshot of the homes sold in McKinney by PRICE RANGE for April 2010:

  Price Range No. of Homes Sold Percentage of Homes Sold
  Less than $100K 5 1%
  $100K - $199,999 116 24%
  $200K - $299,999 48 10%
  $300K - $399,999 26 5%
  $400K - $499,999 6 1%
  $500K - $999,999 9 2%
  $1 Million & up 0 0%

 

Current conditions of McKinney TX homes for sale market:

There are 1,035 homes for sale in McKinney TX in mid-May 2010. They range from a condominium at $32,000 single-story fixer-upper. Its price reflects that it needs work in the house in order to bring it up to minimum habitable conditions to a Mediterranean estate for almost $1.5 Million in Settlement at Craig Ranch - a 6,000 square feet that overlooks the TPC Golf Course at Craig Ranch.

McKinney TX had 263 homes under contract for April 2010. When compared to the same time last year (April 2009), McKinney TX saw 91 homes went under contract. This recent upswing of the market activity is definitely spurred by the First Time Home Buyer and Repeat Buyer tax credits.

 

 

Check out Homes for Sale in McKinney TX:

 

 

 

 

 

 

QUICK SEARCH
DAILY FIXED MORTGAGE RATES
Mortgage Rate APR
FHA 15-Year (1Pt) 4.250% 4.903%
FHA 15-Year (0Pt) 4.500% 4.999%
Conv 15-Year (1Pt) 4.250% 4.549%
Conv 15-Year (0Pt) 4.375% 4.523%
FHA 30-Year (1Pt) 4.875% 5.259%
FHA 30-Year (0Pt) 5.125% 5.421%
Conv 30-Year (1Pt) 4.750% 4.924%
Conv 30-Year (0Pt) 5.000% 5.087%

*Rates subject to change without notice

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Last Updated: 09/07/2010
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