Collin County TX: Four Corners Real Estate Market Update (McKinney, Allen, Frisco, Plano) April 08
By Kim Dean, Simply Texas Real Estate - Broker/Owner
(www.GoSimplyTexas.com)
So how did the Four Corners real estate market shake out for April 2008? Here's a breakdown: Allen: 414 sales (-15% from prior yr); Avg sales price $251,824 (+10% from prior yr); Avg Days on Market: 91 (+ 30% from prior yr) Frisco: 840 sales (-9% from prior yr); Avg sales price $300,379 (+3% from prior yr); Avg Days on Market: 98 (+29% from prior yr) McKinney: 605 sales (-28% from prior yr); Avg sales price $223,529 (+1% from prior yr); Avg Days on Market: 84 (+14% from prior yr) Plano: 1080 sales (-11% from prior yr); Avg sales price $273,391 (+4% from prior yr); Avg Days on Market: 73 (+30% from prior yr) The number of sales are down across the board. Average days on market are drastically up for all cities compared to 2007, most close to 30% longer. What does this mean for home sell...
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