Dallas Area Residential Sales Report for July – Frisco, TX

Well just about every number was down in the Frisco are in July! home sales declined 2% while pending sales were flat. The average sales price was down 2% as was the median sales price number. New listings took a 25% decline as compared to lat July. The active listing were off by 15%. Months of inventory is now at 3.1 months just half way to a balanced market.
Sales: 296
Average Sales Price: $362,880
Median Sales Price: $340,000
Pending Sales: 301
New Listings: 322
Active Listings: 754
Months of Inventory: 3.1
Information provided by The Real Estate Center
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