Real Estate Market Information for Frisco TX
Home Sales: July 2012
320 homes were sold in Frisco TX, during July, which is a 9% increase as compared to 2011. The average sales price for a Frisco home purchase was $290,644 with a city wide average of $96 per square foot. This price per square foot average is 5th highest in the area, under only Celina, North Dallas, Southlake, and Lovejoy.
Another positive sign for Frisco Home sellers is that the average Days on Market was down 27% in July of 2012, as compared to 2011, with an average of 54 days.
The begining of August saw Frisco with 278 pending sales and 435 new listings. This makes an inventory of only 3.2 months which is down a huge 34% as compared to last year.
As the summer has proceeded, all factors remain pointed towards it being a FANTASTIC time to sell a home in Frisco!
It's a Fantastic Time to Sell a Home in Frisco TX!
*Information shared by Republic Title, Frisco TX, and displayed with direct permission to Stan & Ashley McDonald, for the purposes of display on www.FriscoHomesForSale.com, from Republic Title, Frisco TX.