Dallas Area Residential Sales Report for February – Frisco TX
Frisco’s market was strong in February with home sales rising 32% as compared to last February. Pending sales came in with a nice 17% increase. The average sales price rose 2% but the median sales price fell 4%. It looks like just some gyration in the mare up of the sales. The number of new listings fell 6% and the active listings declined by 31%. The months of inventory is now at 2 months. With tightening supply, buyer will have a harder time finding that dream home.
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Sales: 246
Average Sales Price: $459,580
Median Sales Price: $397,000
Pending Sales: 334
New Listings: 372
Active Listings: 623
Months of Inventory: 2
Information provided by The Real Estate Center
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