Hi there, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I’m here to give you a market update for February 2024 in Grayhawk, Frisco, TX.

Currently, we have a 2.6 Months Supply of Inventory in Grayhawk. This means that if no new homes were added to the market, it would take 2.6 months to sell all the existing homes. Over the last 12 months, we’ve seen a steady supply of homes on the market, making it a great time for both buyers and sellers.

The List to Sold Price percentage in Grayhawk is an impressive 99.7%. This shows that homes in this area are selling very close to their list price, making it a competitive market for sellers.

The median days on market in Grayhawk is 63 days, which is slightly higher than the national average. This means that homes in this area are selling relatively quickly, but it’s important for sellers to price their homes competitively to attract buyers.

And finally, the median sold price in Grayhawk is $603,000. This is a strong indicator of the overall health of the market in this area, and it shows that homes are selling at a good value for both buyers and sellers.

So whether you’re looking to buy or sell in Grayhawk, Frisco, TX, now is a great time to make your move. If you have any questions or are interested in learning more about the market in this area, feel free to reach out to me at 972-816-5197. Thanks for dropping by, and I’ll see you in the next update.