Frisco TX Residential Sales Report for October

Frisco TX Residential Sales Report for October

Sales were off

Home sales in Frisco were down 1% in October as compared to the same time last year. The average sales price increased 2% while the median sales price rose 6%. Pending sales also came in at a negative 3%. Don;t know what that will mean for November sales. The number of new listingsĀ  increased 6% and the active listings jumped up 32%. Unfortunately if you are a buyer, these increases only took the months of inventory up to 2.9 months. Still well short of the 6 months considered a balanced market. We are still very much in a seller’s market.

Sales: 322

Average Sales Price: $423,366

Median Sales Price: $383,250

Pending Sales: 300

New Listings: 363

Active Listings: 972

Months of Inventory: 2.9

Information provided by The Real Estate Center

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