Thursday, July 27, 2017

Frisco TX Residential Sales Report for June

Frisco TX Residential Sales Report for June
Sales remain strong

Sales gained 18% in June as compared to the same time last year. The average sales price rose 9% while the median sales price climbed 5%. Pending sales increased 8%. Buyers will be happy with the 16% jump in new listings and with the 29% rise in the number of active listings. These increases caused the months of inventory to reach 3.1 months. There has not been this much supply in Frisco in a long time.

Sales: 508
Average Sales Price: $438,966
Median Sales Price: $395,000
Pending Sales: 439
New Listings: 664
Active Listings: 1,043
Months of Inventory: 3.1

Information provided by The Real Estate Center

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Renters are looking to leave New York, Chicago for Dallas.

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