Thursday, August 25, 2016

Frisco TX Residential Sales Report for July

Single-Family:
Sales were down 6% in the Frisco area for July The average sales price increased by 3% and the median sales price rose 4%. A shining ling in the declined 6% while the active listings  jumped  was the pending sales number, Unlike many other areas that saw pending sales declines, in Frisco the number was just flat.. New listings declined 6% while the active listings jumped up 29%. The months of inventory now stands at 2.6 months.

Sales: 418
Average Sales Price: $403,792
Median Sales Price: $269,000
Pending Sales: 416
New Listings: 530
Active Listings: 836
Months of Inventory: 2.6

Information provided by the Real Estate Center at Texas A&M

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