Frisco TX Residential Sales Report for February

Sales were up 10% in Frisco in February as compared to the same time last year. The average sales price rose 6% and the median sales price increased 1%. Pending sales climber 8% so we can anticipate next months sales will be positive. The number of active listings were up 1% but the number of active listings jumped 33%. This caused the active listings to move to 2.1 months. Still not a great supply when you consider that 6 months is a balanced supply.

Sales: 250

Average Sales Price: 438,968

Median Sales Price: $362,000

Pending Sales: 305

New Listings: 343

Active Listings: 673

Months of Inventory: 2.1

Information provided by The Real Estate Center