Frisco Neighborhood – Grayhawk

The single-family real estate market in the Grayhawk neighborhood of Frisco, TX, during June 2025 displayed a definitive shift from the high-velocity seller’s market of the previous year toward a more balanced, and in some aspects, a buyer-friendly environment.

Key Market Indicators:

Median Sale Price: The median sale price for homes in Grayhawk showed a decline. While one source indicates a median price of $562,450 in July 2025, representing an 11.3% decrease year-over-year, other data from June 2025 shows the median sale price for Frisco overall was trending down. The average home value in the broader Frisco area was also down by 3.5% over the past year.
Days on Market (DOM): The time homes spent on the market increased significantly. In Grayhawk, the median days on market was 48 days, a substantial increase from 27 days a year ago. This extended period is a clear sign that buyers have more time to consider options and negotiate.
Sale-to-List Price Ratio: The sale-to-list price ratio for Grayhawk was 98.6%, a slight decrease from the previous year. This indicates that while homes are selling near their asking price, sellers are, on average, receiving slightly less of their original list price compared to the previous year. The percentage of homes sold above the list price also saw a significant drop.
Inventory: The overall Frisco market, and by extension Grayhawk, saw a significant increase in inventory. This additional supply provides buyers with more choices and reduces the intense competition that was common in the past.

In summary, the Grayhawk real estate market in June 2025 was more favorable to buyers than the year prior. While the market remains “somewhat competitive,” the key metrics of declining median prices, increased days on market, and a lower sale-to-list price ratio all point to a more balanced market, offering buyers a greater opportunity to purchase a home.