Frisco TX Residential Sales Report for May
Lots of buyers in Frisco in May
Buyers were very active with sales up 21%. The average sales price increased 9% while the median sales price rose 1%. Pending sales were up 9% so we can anticipate next months sales will be positive. As in other markets we saw an increase in the number of new listings. In Frisco's case they were up 16% and the active listings climbed 26%. even with these large increases in inventory the months of inventory only moved to 2.8 months. 6 months is a balanced market.
Sales: 451
Average Sales Price: $445,990
Median Sales Price: $395,640
Pending Sales: 485
New Listings: 643
Active Listings: 906
Months of Inventory: 2.8
Information provided by The Real Estate Center
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