Real estate news: A colorful house for sale downtown and a record-breaking year in Texas home sales

by | Mar 10, 2022

Called a home with a "ton of character," this home located in Downtown McKinney is colorful and unique.

According to the listing, the home was built in 1925 but has gone through heavy renovations.

CLICK HERE TO SEE MORE THAN 30 PHOTOS OF THIS HOME

The owners have upgraded so much including appliances, custom cabinetry, quartz countertops, wood floors and upgraded bathrooms.

If you love Downtown McKinney, this home is really hard to beat. It's located just minutes from the town square.

Home sales hit a record year in Texas

A report released on Friday shows that for the seventh year in a row, the number of Texas home sales and median price hit a record-breaking high.

The 2021 Texas Real Estate Year in Review report released Friday by the Texas Realtors Association detailed these numbers:

• The number of homes sold statewide increased 6.2% in 2021, with 416,853 sales.

• Housing inventory at the end of the year dropped to 1.2 months, a decrease of 0.4 months from the end of 2020. 

• Median home price reached $300,000, up 15.7% from the prior year.

• Median price per square foot of $150 represented an increase of 16.9% from 2020 and a 35.6% jump since 2017.