Hello everyone, Marie Walton here, your trusted REALTOR® with Ebby Halliday REALTORS. Today, I am excited to provide you with a market update for July 2024 in the vibrant city of Frisco, Texas.
Let’s dive into the numbers. Currently, we have a 4.76 Months Supply of Inventory in Frisco. This means that if no new homes were to come on the market, it would take just under 5 months to sell all existing inventory. Over the last 12 months, we have seen a significant increase of 76.95% in the Months Supply of Inventory, indicating a shift in the market.
Now, let’s talk about the List to Sold Price percentage, which is currently at 98.2%. This means that homes in Frisco are selling for very close to their listing price, showing strong demand from buyers.
The median days on market in Frisco is 30, indicating that homes are selling relatively quickly in this market. And finally, the median sold price is $717,500, showing a healthy and competitive real estate market in Frisco.
As always, it is important to stay informed about the current market trends when buying or selling a home. If you have any questions or are interested in exploring the real estate market in Frisco, feel free to reach out to me at Ebby Halliday REALTORS.
Thank you for dropping by, and I look forward to helping you with all your real estate needs in Frisco, Texas. Stay tuned for more market updates and tips from me, Marie Walton. Have a great day!
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Marie Sells Dallas 