Home Prices in McKinney TX for March 2013

Real estate market data for McKinney, TX provided by Brent Wells of RE/MAX Four Corners.

McKinney Home Prices

We have seen 6 straight months of median sales price increases on homes in McKinney and don’t expect things to slow down anytime soon. If you are considering buying a home in McKinney you must have a good real estate agent who understands the market. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market and some are getting over 20 offers each. As we can see from the graph below, listings are selling for above asking price. To make things even more difficult on our home buyers, the market is selling more homes each month. This causes a reduction in inventory and makes those nice homes ever harder to find and harder to buy. You’ll want to have an agent that understands how to win a home in a multiple offer situation. As listings agents that get multiple offers on our homes, we are especially experienced in what it takes to write that winning offer.