Dallas Area Residential Sales Report for March - Frisco TX
Frisco fared better than some of it's neighbors with sales only down 8%. Pending sales were up 4% so maybe April will be positive. The average sales price came in flat but the median rose 2%. The number of new listings increased 7%. Active listings rose 8%. The months of inventory now stands at 3.5 months. This number is still well short of the 6 months considered a balanced market.
Sales: 282
Average Sales Price: $451,382
Median Sales Price: $400,000
Pending sales: 364
New Listings: 568
Active Listings: 1,005
Months of Inventory: 3.5
Information provided by the Real Estate Center
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