Frisco TX Residential Sales Report for April

Frisco TX Residential Sales Report for April

No sales slowdown in Frisco. In April sales were up 11% as compared to the same month last year. The average sales price increased 3%  and the median sales price was up the same number. Pending sales rose 16% so we can anticipate the next months sales numbers will be up. The number of new listings increases 3% while the active listings were up 32%. This took the months of inventory up to 2.7 months. Until the months of inventory rises to 6 months, we will be in a sellers market.

Sales: 314

Average Sales Price: $436,906

Median Sales Price: $380,000

Pending Sales: 403

New Listings: 498

Active Listings: 866

Months of Inventory: 2.7

Information provided by The Real Estate Center

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