Thursday, January 25, 2018

Dallas Area Residential Sales Report for December - Frisco TX

Dallas Area Residential Sales Report for December - Frisco TX

No slowdown in Frisco in December. Sales were up 22%. The average sale price rose 8% while the median sales price was also up 8%. Pending sales saw an 11% increase. Looks good for next months sales. The new listings dropped 4% but the number of active listings jumped 20%. this number reflects a smaller inventory last year. The months of Inventory stands at 2.2 months. 6 months is considered a balanced market. We are defiantly no balanced!

Sales: 350
Average Sales Price: $481,851
Median Sales Price: $415,000
Pending Sales: 241
New Listings: 219
Active Listings: 730
Months of Inventory: 2.2

Information provided by The Real Estate Center

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