Hey there, Frisco! It’s Marie Walton from Ebby Halliday REALTORS, bringing you your January 2024 market update. Whether you’re looking to buy, sell, or just curious about the real estate market, I’ve got all the juicy details for you today.
Let’s dive right in, shall we? Currently, we have a 2.05 Months Supply of Inventory in Frisco. That means if no new homes were listed, it would take just over 2 months to sell all the existing homes on the market. And guess what? Over the last 12 months, our Months Supply of Inventory has increased by 22.75%. So, if you’re a seller, now might be the perfect time to list your home!
And for all you sellers out there, you’ll be happy to hear that the List to Sold Price percentage is a fantastic 97.6%. That means homes in Frisco are selling close to their listing price, which is great news for your bottom line.
Now, let’s talk about how quickly these homes are flying off the market. The median days on market is 53, which is relatively fast-paced. So, if you’re a buyer, you’ll want to act fast when you find your dream home in Frisco.
And finally, the moment you’ve all been waiting for – the median sold price in Frisco is $667,500. As your local REALTOR®, I can help you navigate this competitive market and find the perfect home for you and your family.
Marie: Thanks for dropping by for this to this market update! If you have any questions or are ready to make a move in Frisco, don’t hesitate to reach out to me. Remember, it’s always a great day to find your dream home in Frisco. See you next time!