Sales slowed
Dallas Area Residential Sales Report for December – Frisco, TX
Home sales fell 4% in and pending sales declined 26% as buyers found it difficult to find that dream home due to extremely low inventory. The average sales price rose 13%. The median sales price climbed 11%. New listings dropped by 21%. Active listings took a 78% dive taking the months of inventory down to 0.4 months. Buyers can expect heavy competition when making an offer.
Sales: 316
Average Sales Price: $525,134
Median sales Price: $451,800
Pending Sales: 192
New Listings: 158
Active Listings: 138
Months of inventory: 0.4
Information provided by The Real Estate Center
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