Dallas Area Residential Sales Report For October – Frisco, TX
Prices up. Sales Down.
Home sales fell 15% in October. Pending sales were down 19%. Sale prices continued to rise with the average sales price up 37% as buyers are having to offer over the list price to get that dream home. The median ales price climbed 30%. New listings were no help off by 18%. Active listings were 53% lower than last October. The months of inventory now stands at 0.5 months.
Average Sales Price: $633,880
Median Sales Price: $540,500
Pending Sales: 317
New Listings: 274
Active Listings: 164
Months of Inventory: 0.5 months
Information Provided by The Texas Real Estate Center
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