McKinney February 2022

REAL ESTATE

Snapshot of the market

COMPILED BY MATT PAYNE

MARKET DATA FOR DECEMBER

HOMES SOLDAVERAGE DAYS ON THEMARKET BY PRICE 75069 75070

HOMES ON THE MARKET BY CITY 2020

MCKINNEY

75071

75072

75071

2021

380

$900,000+

1/87

1/47

2/13

1/33

217 142 246 120 282 118 99 42

75072

McKinney

75069

$800,000-$899,999

1/16

3/8

2/16

2/28

DNT

75070

$700,000-$799,999

2/40

2/20

4/30

3/9

FRISCO

Frisco

SRT TOLL

$600,000-$699,999

2/45

2/7

12/32

6/25

ALLEN

$500,000-$599,999

4/55

6/9

37/21

10/22

75

Plano

PLANO

$400,000-$499,999

2/8

14/17

34/25

23/25

$300,000-$399,999

2/8

14/17

34/25

23/25

Allen

PGBT TOLL

N

$200,000-$299,999

6/13

1/10

4/13

2/3

$199,999 or less

1/4

-

-

-

NUMBER OF NEWLISTINGS 2020

NUMBER OF HOMES UNDER CONTRACT 2020 2021

MEDIAN PRICE OF HOMES SOLD WITHYEAROVERYEARPERCENTAGE CHANGE

2020 2021

2021

75069

75070

75071

75072

29 23 41 52 75 64 39 48

32 30 53 53 78 89 54 47

$600,000 $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 $250,000 $0

75069

75069

+26.2%

+34.46%

+40.24%

+28.36%

75070

75070

75071

75071

75072

75072

PERCENT OF ASKING PRICE RECEIVED

75072 2020 2021

WITHYEAROVERYEARCHANGE

MCKINNEYMARKET DATA

75069

75070

75071

Average days on the market 20 Percent of original price received 102% New listings 181

Homes on the market 142 Median sales price $489,000 Homes under contract 208

108%

+5.5

+4.3

106%

104%

+1

+1

102%

100%

98%

96%

0% MARKET DATA PROVIDED BY COLLIN COUNTY ASSOCIATION OF REALTORS, COURTESY OF NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, NTREIS TRENDS © 2022 SHOWINGTIMECOMMUNITY IMPACT NEWSPAPER

LOW INVENTORY = MULTIPLE OFFERS

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27

MCKINNEY EDITION • FEBRUARY 2022

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