Dallas Area Residential Sales Report for December – Frisco TX

Dallas Area Residential Sales Report for December – Frisco TX

No slowdown in Frisco in December. Sales were up 22%. The average sale price rose 8% while the median sales price was also up 8%. Pending sales saw an 11% increase. Looks good for next months sales. The new listings dropped 4% but the number of active listings jumped 20%. this number reflects a smaller inventory last year. The months of Inventory stands at 2.2 months. 6 months is considered a balanced market. We are defiantly no balanced!

Sales: 350

Average Sales Price: $481,851

Median Sales Price: $415,000

Pending Sales: 241

New Listings: 219

Active Listings: 730

Months of Inventory: 2.2

Information provided by The Real Estate Center

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s