Dallas Area Residential Sales Report for December – Frisco, TX
It’s getting really hard to find a house to buy in Frisco!
Sales of homes were down by 21% compared to last year. Pending sales fell 10%. The average sales price rose 32% while the median sales price climbed by 36%. New listings dropped 22%. Active listing declined by 52%. The months of inventory now stands at 0.2 months. 6 months is considered a balanced market.
Average Sales Price: $696,649
Median Sales Price: $630,000
Pending Sales: 172
New Listings: 124
Active Listings: 66
Months of Inventory: 0.2
Information provided by The Real Estate Center