Hello, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, bringing you a market update for September 2024 here in Frisco, Texas.
Currently, we have a 5.02 Months Supply of Inventory in Frisco. This means that based on the current rate of sales, it would take approximately 5.02 months to sell all the homes on the market. Over the last 12 months, we’ve seen a significant increase of 101.61% in Months Supply of Inventory.
Another important metric to consider is the List to Sold Price percentage, which currently stands at 97.9%. This indicates that homes in Frisco are selling at just under the listing price on average.
The median days on market in Frisco is 50 days, meaning that it takes about 50 days for a home to sell from the time it is listed. This can vary depending on the specific neighborhood and price range.
And finally, the median sold price in Frisco is $645,000. This is a key indicator of the overall health of the market and can give you an idea of the price range you might expect when buying or selling a home in this area.
Thank you for joining me for this market update. If you have any questions or are interested in buying or selling a home in Frisco, Texas, please don’t hesitate to reach out. Stay tuned for more updates on the real estate market in our area. Thank you and have a great day!
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Marie Sells Dallas 