Real Estate Market Information for Frisco TX
Home Sales: June 2012
363 homes were sold in Frisco TX, during June, which is a 10% increase as compared to 2011. The average sales price for a Frisco home purchase was $323,486 making a very impressive 15% jump from last year, with a city wide average of $102 per square foot. This price per square foot average is 4th highest in the area, under only North Dallas, Southlake, and Lovejoy. These areas along with Frisco and Plano, at $101/sq. ft., were the only cities in the area averaging over $100/sq. ft., in June.
Another positive sign for Frisco Home sellers is that the average Days on Market was down 30% in June of 2012, as compared to 2011, with an average of 43 days.
The begining of July saw Frisco with 284 pending sales and 457 new listings. This makes an inventory of only 3.3 months which is down a huge 37% as compared to last year.
All factors point 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.