Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for January 2025 in the lovely city of Frisco, Texas.
Currently, we have a 3.7 Months Supply of Inventory in Frisco. Over the last 12 months, we’ve seen a 75.36% increase in Months Supply of Inventory. What does this mean for you? Well, it’s important to keep an eye on inventory levels as it can impact your buying or selling strategy.
Next up, our Sold to List Price percentage is sitting at a solid 97.2%. This means that on average, homes are selling for 97.2% of their list price. This is great news for both buyers and sellers, as it shows a healthy and balanced market.
Now, let’s talk about the Median days on market, which is currently 59 days. This is a key indicator of how quickly homes are selling in the area. If you’re looking to buy or sell, it’s important to understand this metric to set realistic expectations.
And finally, the Median Sold Price in Frisco is $670,000. This is the midpoint price of all homes sold in the area. Keep in mind that this is just a snapshot of the market and prices can vary depending on the neighborhood and property type.
So there you have it, folks! That’s your market update for January 2025 in Frisco, Texas. Remember, it’s always a good idea to stay informed and work with a REALTOR® who can help guide you through the buying or selling process.
If you have any questions or need assistance, feel free to reach out to me at the phone number or email aggress belw. I’m here to help! Thanks for stopping by and until next time, happy house hunting!
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Marie Sells Dallas 