When buying real estate in Texas’ largest cities, it is important to take a closer look at what that property has to offer in terms of long term affordability and features. One thing you’ll appreciate about McKinney TX is that it has a strong record of outstanding value and moderate growth. Though not every city in the state can say it is on a positive upswing in its real estate sector, McKinney can, and that is one of the main reasons so many people are hoping to buy there.
The Collin County Association of Realtors reported that about 253 homes sold in McKinney in the month of September 2017. That is a close to over the 257 properties that sold at the same time in 2016. The average sales price is $324,207 in September 2017 from $342,448 an year ago. Being up 6 percent like this, it’s clear to see there is a lot of demand for real estate in this city. For the year through the month of September, the city has seen an impressive 8.7 percent growth in home prices and 17.5 percent growth in new listings over the same time frame in 2016. But, can it last?
McKinney has a lot going for it and that’s why this area is doing so well. Even though home values are on the rise, prices remain affordable for many people. This isn’t a boom climate, in other words. Second, the area’s diverse housing option, strong economic conditions and its numerous amenities, proximity to jobs, and good schools all contribute to the value that this city has to offer residents, bringing them in from around the country. Add to this the ability to secure an affordable loan with interest rates that are very low and you can clearly see why this could be the ideal place to buy right now.
In the short and long term, McKinney real estate looks to be a very good investment for many people. Work with us, your local McKinney real estate experts, to find the best McKinney, TX real estate for you and your family.
Top McKinney New Home Builders selling homes are:
David Weekley Homes
First Texas Homes
K. Hovnanian® Homes
Paul Taylor Homes
McKinney subdivisions with most new homes available are:
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The above information regarding the “What Does McKinney, TX Real Estate Have to Offer?" was provided by Nitin Gupta, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, he would love to share his knowledge and expertise. Learn more about McKinney real estate market and Collin County Real Estate news at
The communities he proudly serves include University Park, McKinney, Celina, Coppell, Frisco Flower Mound, Colleyville, Grapevine, Highland Park.
Learn more about McKinney real estate market and Collin county news at
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