Dallas Area Residential Sales Report for March – Frisco TX

Dallas Area Residential Sales Report for March – Frisco TX

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We will not know the full effects of the COVID-19 virus until the April numbers come in.

March sales of homes in the Frisco area were up 23%. The average sales price rose 4%  for April.while the median sales price was a 5% increase. The number of new listings fell 19%. active listings dropped 33%. The months of inventory is now at 2.1 months.

Now for a look into the future. Pending sales came in 23% lower than March of 2019. Not looking good for April.

Sales: 339

Average Sales Price: $469,813

Median Sales Price: $ 419,000

Pending Sales: 289

New Listings: 459

Active Listings: 670

Months of Inventory: 2.1

Information provided by The Real Estate Center

 

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