McKinney: Buyers saying home prices right

February saw an improvement in the real estate market of Collin County and surrounding areas, reports the Collin County Association of Realtors.

Closed sales increased by more than 34 percent over January, and the median sales price was 7 percent higher in February ($167,250), than in January ($156,200).

The CCAR Pulse, which delves into the real estate markets of 36 local communities, reports that the average time a house was on the market in February was 111 days, down from 113 days a year ago.

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