Dallas Area Residential Sales Report for October – Frisco TX

Home sales were down again in Frisco. October saw a 16% decline. Pending sales were even worse off by 20%. November sales are not looking good. The average sales price did rise 6% while the median sales price climbed 2%. New listings fell by 9%. The number of active listings increases 11% taking the months of inventory to 3.5 months. with 6 months considered a balanced market, we are still tilted to the Seller side.

Sales: 250

Average Sales Price: $447,744

Median Sales Price: 390,000

Pending Sales: 241

New Listings: 329

Active Listings: 1,076

Months of Inventory: 3.5

Information provided by The Real Estate Center

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