Dallas Area Residential Sales Report for February – Frisco TX

February was not a kind months to home sales in Frisco. Sales fell 25%. Och! Pending sales took a dive of 13%. Not looking good for March. The average sales price declined 4% while the median sales price was flat. New listings dropped 17%. not a help. The number of active listings increased 14% taking the months of inventory to 3 months. We are half way to 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

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