Frisco saw a sharp increase in sales
Single-Family:
Sales in Frisco jumped a whopping 26% in October as compared to the same time last year. The average sales price rose 11% while the median sales price climbed 9%. Frisco has one of the highest average sales prices in North Texas. Pending sales increased 9% so next months sales will probably be up. The number of new listings was flat, The active listings increased 29% and this caused the months of inventory to increase to 2.3 months. We're still well short of a 6 months balanced supply.
Sales: 345
Average Sales Price: $411,023
Median Sales Price: $355,000
Pending Sales: 310
New Listings: 344
Active Listings: 739
Months of Inventory: 2.3
Information provided by The Real Estate Center
No comments:
Post a Comment