Frisco Market Update

Frisco Market Update 

 Collin and Denton Counties 

(11-26-2012)

Each week we will feature a Market Update on an area of Collin County or North Dallas. This week we are doing an update on the Frisco Market and its current inventory of homes for sale and those that have sold in the last 30 days. The city of Frisco includes both Collin and Denton County and for the purposes of this Frisco Market update we have included both counties in our results.

Frisco Market

The Frisco Market certainly has two distinct sides to it. Homes under $400,000 are selling and selling at quite a brisk rate. However in the Frisco Market homes over the $400k mark are still seeing days on market reach into and past the six month mark. This trend is something you will see in most of the markets in the Collin County and North Dallas areas. A strong seller's market in certain price points under $400k but an even or buyer's market in those above $400k. We expect that over the next year we will see the trend continue in the price points under $400k while we look for the homes over $400 to see a increase in sales come the spring and summer months.

If you would like to see a current market update of your specific city, neighborhood, or individual home please contact The Jan Webb Team at 972-679-2755 or CLICK HERE

FRISCO MARKET UPDATE

Collin and Denton Counties

11-26-2012

Price	# Of Active Listings	# Of Sold Listings (Last 30 Days)	Months of Inventory	Market
$0-99k	2	2	1.0	Seller
$100-149k	6	5	1.2	Seller
$150-199k	36	29	1.2 (HOT)	Seller
$200-249k	60	30	2.0	Seller
$250-299k	59	24	2.5	Seller
$300-349k	71	22	3.2	Seller
$350-399k	68	18	3.7	Even
$400-449k	67	8	8.3	Buyer
$450-499k	42	4	10.5	Buyer
$500-699k	93	11	8.5	Buyer
$700-999k	52	4	13	Buyer
$1 mil.+	39	5	7.8	Buyer

 Would you like to find out how to get your home on the market and get top dollar while the market is HOT?? Contact The Jan Webb Team by calling 972-679-2755 or CLICK HERE to get started today!!!