Sales were up and pending sales took a big jump!

Single-Family:

Sales were up by 4% in December as compared to a year ago. The averaage sales price increased by 5% while the median sales price dropped by 2%. Could say things were flat. The pending sales numbers jumped by 34% so we can look forward to a good sales number in January. The number of new listings increased by 3% and the active listings by 7%. This increased the months of supply to the gigantic number of 1.4 months. It’s still very much a Seller’s market.

Sales: 321

Average Sales Price: $393,025

Median Sales Price: $336,000

Pending Sales: 222

New Listings: 192

Active Listings: 438

Months of Inventory: 1.4

If you live in the Frisco area and would like a personalized Comparative Market Analysis (CMA) on your home delivered to your email in just a few minutes, then click the link below to take advantage of this offer.