Frisco Neighborhoods – Plantation Resorts

Hello, and welcome back to my blog! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and today I’m here to give you a market update for June 2024 in the lovely community of Plantation Resort in Frisco, TX.

Let’s dive right in. Currently, there is a 4.16 Months Supply of Inventory in Plantation Resort. This means that if no new listings were to come on the market, it would take just over 4 months to sell all existing homes. Over the last 12 months, we’ve seen a significant increase of 120.11% in Months Supply of Inventory, indicating a shift in the market.

Despite this increase, the List to Sold Price percentage remains strong at 99%, showing that sellers are still able to negotiate favorable terms. Homes in Plantation Resort are selling at a median days on market of just 20 days, showcasing the high demand in this area.

Now, let’s talk numbers. The median Sold Price in Plantation Resort is currently $540,500, making it a desirable and competitive market for both buyers and sellers.

Whether you’re looking to buy or sell in Plantation Resort, now is a great time to make a move. If you have any questions or are interested in learning more about the market in Frisco, TX, don’t hesitate to reach out to me at Ebby Halliday REALTORS.

Thank you for dropping in to today’s market update. Remember to like, comment, and subscribe for more real estate tips and updates. Until next time, happy house hunting!