Hello, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m here to provide you with a market update pon condos and rownhomes for December 2024 in Frisco, Texas.
Let’s start with the current inventory levels. As of today, there is a 3.64 Months Supply of Inventory in Frisco. Over the last 12 months, we’ve seen an increase of 94.65% in the Months Supply of Inventory, indicating a shift in the market dynamics.
Next, let’s talk about the List to Sold Price percentage. In Frisco, condos and town homes are selling for approximately 97.8% of their list price, showing strong demand and competitive pricing in the market.
The median days on market in Frisco is 46 days, which is a key indicator of how quickly homes are selling in the area. This number gives us insight into the level of buyer interest and market activity.
Lastly, the median sold price in Frisco is $717,500. This number represents the midpoint of all condo and town home sales in the area, giving you a sense of the overall market value.
In conclusion, the real estate market in Frisco, Texas is showing signs of stability and activity. Whether you’re a buyer or seller, it’s always important to stay informed and work with a professional REALTOR® to navigate the market.
Thank you for stopping by this market update. If you have any questions or are interested in buying or selling a home in Frisco, feel free to reach out to me at the phone number or email address below. Have a great day!
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Marie Sells Dallas 