Frisco Neighborhood -Phillips Creek Ranch

The housing market in Phillips Creek Ranch, Frisco, indicates a somewhat competitive environment, experiencing shifts in prices and market dynamics over the past year. As of June 2025, the average sale price for homes in Phillips Creek Ranch was approximately $1.1 million, reflecting a modest decrease of 3.61% compared to the previous year. The median sale price per square foot has also seen a decline of 8.5% over the last year, now at $260.

A notable trend is the significant increase in the median days homes spend on the market, rising from 23 days last year to 46 days in June 2025. This, coupled with a substantial decrease in the number of homes sold—8 suggests a cooling market with less frenzied buyer activity. Homes are generally selling for about 4% below their list price, with only about 15.8% of homes selling above list price, down from the previous year.