Hey there, Frisco! It’s Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you the latest market update for June 2024. Whether you’re looking to buy or sell, this information is crucial for making informed decisions in this hot Frisco market.

Let’s dive into the numbers, shall we? Currently, we have a 4.48 Months Supply of Inventory in Frisco. That’s a significant increase of 88.24% over the last 12 months. What does this mean for you? Well, it’s a great time for buyers to have more options to choose from, while sellers may need to adjust their pricing strategy to stay competitive.

Now, let’s talk about List to Sold Price percentage. In Frisco, we’re seeing a strong 98.8% List to Sold Price ratio. This means that homes are selling close to their asking price, showing the strength of the market and the demand for properties in this area.

The median days on market in Frisco is currently 28 days. This indicates that homes are selling quickly, so if you’re in the market to buy, be prepared to act fast when you find the perfect property.

[Cut to Marie holding a sold sign]

Marie: And finally, the median sold price in Frisco is $725,000. This is a strong indicator of the value of homes in this area and showcases the desirability of Frisco as a place to live and invest in real estate.

So there you have it, folks! The market update for June 2024 in Frisco, Texas. Whether you’re buying or selling, now is the time to make your move in this thriving market. If you have any questions or need assistance, don’t hesitate to reach out to me, Marie Walton, at Ebby Halliday REALTORS. Thanks for watching and happy house hunting!