Dallas Area Residential Sales Report for January – Frisco TX

Dallas Area Residential Sales Report for January – Frisco TX

Home sales got hammered in January in Frisco down 25%. Pending sales were a little better only off 13%. The average sales price dropped 4% while the median sales price was flat. New listings declined 17% but with the drop in the number of sales the active listings rose 14% as compared to lat January. The months of inventory now stands at 3 months. We are half way to the 6 months considered a balanced market.

Sales: 156

Average Sales Price: $429, 431

Median sales Price: $379,000

Pending Sales: 245

New Listings: 346

Active Listings: 868

Months of Inventory: 3

Information provided by The Real Estate Center

#mariesellsdallas #FriscoTX #Friscohomes #FriscoRealEstateAgent

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