rmurr87, Home Buyer in McKinney, TX

how much did prices drop in mckinney tx from 2006 to 2013?

Asked by rmurr87, McKinney, TX Thu Jun 13, 2013

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From January, 2007, to October, 2008, median prices of sold homes in McKinney dropped less than 1%.
From October, 2008, median prices headed down about 3-1/2% to the April, 2009, timeframe, where they remained fairly constant until October, 2009.
From October, 2009, median prices rose about 6% to September, 2010.
From September, 2010, to March, 2011, median prices were almost flat with some minor ups and downs until March, 2012, when they took off.
From March, 2012, to date (May, 2013) median prices have risen about 11%.

These are median prices, meaning some houses changed more and some less over the periods in question. High end areas were subject to more fluctuation than more modest areas.

So, in brief, prices did not drop - they actually rose over the entire period, but started out dropping.
Web Reference: http://www.SumnerRealty.com
0 votes Thank Flag Link Sat Jun 15, 2013
Some subdivision may drop some may not for that time period. Do you have any specific subdivision?

Susie Kay, Realtor®
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0 votes Thank Flag Link Fri Jun 14, 2013
What area are your speaking of ? No professional can render an opinion unless you address a specific area.

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0 votes Thank Flag Link Thu Jun 13, 2013
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