Frisco TX Residential Sales Report for August
More homes on the market
New listings rose 16% and the number of active listings jumped 38%. If you are a buyer, you now have more choices in homes. Sales fell 3% in august as compared to last August. The average sales price increased 2% and the median sales price was up 1%. Pending sales saw a decrease of 6%. The months of inventory rose to 3.2 months. With 6 months considered a balanced market, we continue to find ourselves deep into a Seller's market.
Sales: 414
Average Sales Price: 439,511
Median Sales Price: $385,000
Pending Sales: 345
New Listings: 486
Active Listings: 1,085
Months of Inventory: 3.2
Information provided by The Real Estate Center
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