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Published September 22 2010 4:46 pm

In the July 2010, McKinney TX sold 183 homes for $42,646,715. 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
May 2010 = 198 McKinney TX homes sold
 

   183 McKinney TX homes sold for $42,646,715 in July 2010  

McKinney TX Homes for SaleWhen compared to the same time last year (2009), McKinney TX sold 277 homes. It is DOWN 34 % from the previous year.

The lowest priced home sold for $25,000 in East McKinney TX 75069. This was a property with 3-bedrooms and 1 bathroom. It sold the day it was on the market. It is a fixer-upper bank-owned property. The buyer paid cash.

The highest priced home was sold in Provine Farm Estates for $998,000 - a beautiful French provincial, 6,000 square-foot home with 4-bedrooms, 4 full bathrooms and 1 half bathroom and 3-car garage on 1/2 acre secluded lot. The Provine Farm Estates is located in the gated neighborhood near Eldorado and US-75 with highly acclaimed Valley Creek Blue Ribbon exemplary elementary school. It was a bank foreclosure but this property has never been occupied. It took 300 days to sell.

The average home in McKinney TX is $233,042, a 3 bedrooms, 2 bathrooms, 2,650 square feet. The average price per square feet is $87/sq.ft. The average days on market to sell is 69 days.

The median home sales price in McKinney TX is $192,344, which means half of the homes sold in McKinney TX for the July 2010 sold for less than $192,344 and half of the 162 homes sold for more than $192,344.

 

  2009 2010  % Change
No. of Transactions 285 179 - 34 %
Total Real Estate Value $ 63,780,723 $ 42,646,715 - 33 %
Avg. Sales Price $ 223,010 $ 233,042 + 4 %
Avg. Price per Sq.Ft. $ 85 $ 87 + 2%
Avg. Median Price $ 181,750 $ 192,344 + 6%
Avg. Days on Market 71 68 + 4%

 

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

  Price Range No. of Homes Sold Percentage of Homes Sold
  Less than $100K 3 2%
  $100K - $199,999 83 51 %
  $200K - $299,999 45 28 %
  $300K - $399,999 16 10 %
  $400K - $499,999 10 6 %
  $500K - $999,999 5 3 %
  $1 Million & up 0 0 %

 

Current conditions of McKinney TX homes for sale market:

There are 1,159 homes for sale in McKinney TX. They range from a single family home at $39,900 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 $3.4 Million in Crutchfield area (off US Hwy-380 & Custer Road) - a 8,000 square feet property located on 25-acre parcel with true reflection of a Texas ranch style home.

McKinney TX had 110 homes under contract for July 2010. When compared to the same time last year (July 2009), McKinney TX saw 82 homes went under contract.

At the current rate (July 2010) McKinney TX are selling its homes, it will take approximately 28 weeks (ie. 7 months) to sell all its inventory.

 

 

Check out Homes for Sale in McKinney TX:

 

FEATURED LISTINGS
 

FRISCO Home, TX Real Estate Listing

Meadow Hill Estates Frisco TX Home for Sale
4 bedrooms, 3 baths, approx 3071 sq. ft.

$239,900

 

Frisco Home, TX Real Estate Listing

3 bedroom + Study home in Hillcrest Estates
3 bedrooms, 2 baths, approx 1925 sq. ft.

$179,900

 

Frisco Home, TX Real Estate Listing

Panther Creek Estates Home for Sale
3 bedrooms, 2 baths, approx 1894 sq. ft.

$178,900

 

Frisco Home, TX Real Estate Listing

Hardwood Floor, Granite + More
4 bedrooms, 2 baths, approx 2795 sq. ft.

$219,900

» More Listings

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*Rates subject to change without notice

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