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FRISCO TX HOMES COVER  STORY                              

 


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Published April 30th 2012 10:30 pm

How Did Frisco TX Homes Sales Real Estate Market Report perform in 1st Quarter of 2012?

1st Quarter 2012 January 2012 February 2012

March 2012

Total 1st Quarter 2012 Total 1st Quarter 2011 Change
Number of Transactions 142 152 226 520 456 12.3 %
Total Sales (Real Estate Value) $ 46,955,986 $ 47,587,443 $ 50,350,984 $ 158,988,593 $ 126,790,736 20.3 %
Average Sold Price $ 330,676 $ 313,075 $ 316,673 $ 305,747 $ 278,050 9.1%
Median Sold Price $ 262,000 $ 261,000 $ 309,950 $ 262,000 $ 242,500 7.4%
Average Days on Market 87 86 64 77 93 20.8%

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Frisco Independent School District - ISD Exemplary Rating, Frisco TX homes & real estate

The Frisco ISD is an EXEMPLARY school district. What does that mean? And how does this affect Frisco TX homes and real estate? Check out how Frisco ISD compares to other surrounding school district.


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Frisco TX Real Estate Homes Market Report for August 2011

 

The average home in Frisco TX is $ 312,736. An average home in Frisco TX is a 4 bedrooms, 3 bathrooms, 3,300 square feet. The average price per square feet is $98/sq.ft. The average days on market to sell a home in Frisco TX is 84 days for August 2011.

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SEARCH FRISCO TX HOMES & SURROUNDING CITIES
 
FRISCO TX HOMES SALES MARKET REPORTS

Frisco TX Real Estate Market ReportsReal Estate is Local. It varies from cities to cities, areas to areas and communities to communities. Furthermore, it varies price ranges within the neighborhood too.

Just like weather forecast is local. Here in Frisco Texas, you would not watch the weather forecast in New York or Atlanta to determine how your day would be.

Find out more about how your community or your area within your price range does. We are here to provide you the most accurate information because we believe information is power in negotiation of real estate transactions.

LOCAL REAL ESTATE MARKET REPORTS You Must Know When Buying or Selling Frisco TX Homes.

MORE STORIES at FRISCO TX HOMES
 
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    Better yet, no perfect credit is needed. It is an affordability-based loan program. Sounds too good to be true? Do not qualify it first. Find out if this loan program truly fits your housing needs.

  • Frisco TX Down Payment & Closing Costs Assistance Programs
    The city of Frisco offers 2 housing initiatives to bring more residents to call Frisco TX home. One program assists anyone who want to live within the city of Frisco limits while the other is offered specifically for Frisco ISD and City of Frisco employees. There are some qualifications for the program. Find out what they are.

  • What Every Seller Needs to know about Selling Their Homes in a Time Such as This
    Many industry changes that can affect the sale of your home. Understanding how it could affect you is essential to a happy closing in the end.

  • Why Some For Sale By Owners FSBO Fail?
    Understanding why some For Sale By Owners (aka FSBOs) fail at their attempt of selling their homes may be crucial to understand where you can do better, or if it is something you want to attempt on your own. Even if you receive an offer, would you know what to do with it? Worse yet, you have now paid a Realtor(R) to represent your Buyer who knows how to structure a contract.

  • Should I List My Home with a Large Brokerage Firm?
    This is a link to my blog where I asked other top producing real estate agents across the country what they truly think about listing versus getting your home sold when the size of the brokerage firm does not matter. Find out why they think that way.

  • What Every Buyer Needs to know about Buying Real Estate in These Times
    Home purchase in these times are unlike any other times. Both positives and industry changes affect how we used to buy real estate. Understanding the "new" home process can save alot of heart aches in the end.

  • Do you recommend using a Realtor(R) in your new home construction buying process?
    Buyers wonder if they can do "better" without a Realtor(R) in their new home buying transaction. In the end, they only care about the sales price they pay for. Read this article to understand a small glimpse into new home construction. Then, you decide if not having a Realtor(R), negotiating on your own and going through the construction process on your own is worth it.

  • Can You Buy a Home on a Work Visa?
    This article clarifies what it constitutes for non-immigrant work visa status employees can expect when purchasing their homes. Yes, they are also qualified to receive the first time home buyer $8,000 federal housing tax credit.

 

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The lowest priced home sold during the 1st Quarter 2012 was $119,000 - a 3-bedroom, 2-bath 1,800 square foot home in Preston Glen, a Bank of America foreclosure. It sold 34 days. The highest priced home in Frisco TX sold in the 1st Quarter 2012 was $ 2.15 million - a 9,000 square foot luxury estate in Village of Stonebriar Park. It sold in 13 days.   Here is the breakdown of the Frisco TX Home Sales by Price Range:

61 of these transactions were cash, 329 were conventional, 100 were FHA, 20 were VA and 2 of them were owner financing. Frisco TX definitely experienced a much more robust 1st Quarter in 2012 than the same time last year (2011) - an increase of 12.3% in number of transactions and a higher increase of 20.3% in real estate value. Frisco TX home buyers also bought more expensive homes in 2012 than 2011 (an increase of 9.1% of average home sales price and increase of 7.4% of median home sales price). At the same time, it took Frisco TX home sellers 20.8% less time to sell their homes during the 1st Quarter. All factors indicate Frisco TX should continue this positive momentum into the 2nd Quarter as well as into the first parts of 3rd Quarter. Low interest rates was one of the factors contributing to these robust sales. Rates as low as 3.75% for 30-year conforming loans and 3% for 15-year mortgage were some we have seen.

 Originally Posted in Frisco TX Real Estate Homes Sales Market Report for 1st Quarter 2012

MORTGAGE CENTER FOR FRISCO TX HOMES
RELOCATING TO FRISCO TX & SURROUNDING CITIES

Thinking about relocating to Frisco Texas? The northern suburbs, 25 miles north of the Dallas metroplex? People all over the country (East coasts, West coasts and all over) call Frisco Texas home because of all the great resources Frisco Texas has to offer.

Read through this section to find out more about relocating to the greater Frisco Texas areas.

 ● Considering relocating to Frisco Texas?

Everything you need to set up residency in Frisco Texas

● Where Can You Buy For $150,000 in the greater Frisco Texas areas?
● Frisco Texas - Built for Family
What Can You Get For Your Money in Frisco Texas?
Frisco TX Weather - Just wait 5 minutes
●  A Tale of Two Cities: Frisco Texas and Frisco Colorado
You Know You Are in Frisco Texas When


PERSONAL FINANCE

Yes, you can expect topics of personal finance on this real estate website. But why?

Frisco-TX-homes.com, 3:16 team REALTY also known as Loreena Yeo believes in Personal Financial Responsibilities. Blissful homeownership is a part of the personal financial responsibility.

● Change must happen from Inside-Out, Upside-Down
Money-wise Advice for a Down Economy
Credit is a Personal Financial Responsibility
Unconventional Financial Advice for Newly Weds
Stop Talking About Monthly Payments
When Finance is More Than Head Knowledge
Home as a Forced Savings

MARKETPLACE

Frisco-TX-Homes.com serves the greater Frisco TX home communities/ subdivisions.

Local News about Frisco Texas

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FEATURED LISTINGS
 

FRISCO Home, TX Real Estate Listing

Meadow Hill Estates Frisco TX Home for Sale
4 bedrooms, 3 baths, approx 3071 sq. ft.

$239,900

 

Frisco Home, TX Real Estate Listing

3 bedroom + Study home in Hillcrest Estates
3 bedrooms, 2 baths, approx 1925 sq. ft.

$179,900

 

Frisco Home, TX Real Estate Listing

Panther Creek Estates Home for Sale
3 bedrooms, 2 baths, approx 1894 sq. ft.

$178,900

 

Frisco Home, TX Real Estate Listing

Hardwood Floor, Granite + More
4 bedrooms, 2 baths, approx 2795 sq. ft.

$219,900

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THIS WEEK IN FRISCO TX
Preparing Important Documents For The Sale Of Your Frisco TX Home
Mon, 30 Apr 2012 09:06:20 +0000
In order to facilitate a successful sale of your Frisco TX home, there are several documents to prepare (ie. have on hand) so the next step after accepting an offer will go smoother: Survey T-47 if you are using an existing survey in the transaction Mortg ... [Read More]
Frisco’s Farmers Market
Sat, 28 Apr 2012 14:27:26 +0000
If you are looking for fresh home grown food, Frisco Farmers Market is where you want to head to every Saturday morning at the Frisco Square. The Farmers Market offers local farmers a place to sell their fresh produce. The farmers market runs from May 5th ... [Read More]
Establishing a Trust Relationship with Your Frisco TX Realtor® Is Good Business Practice
Thu, 26 Apr 2012 22:01:13 +0000
We are planning to do our own research before hiring a Realtor. We want to drive by some neighborhoods that look interesting to us. We came across THIS and THAT neighborhoods. But what I noticed is that they have been depressed the past few years. What ar ... [Read More]
FRISCO TX HOMES OF THE WEEK
REAL ESTATE MARKET REPORTS
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About Loreena & 3:16 team REALTY






 



 

 

 

Loreena Yeo - Realtor(R) in Frisco TX | Broker
M.Sc, B.Sc
Direct (214) 783-2210
Fax (214) 231-9018
Email Me Here

>> Learn about Loreena

>> Learn about 3:16 team REALTY

>> Read More About What Satisfied Clients
Have to Say

>> Check out what our clients have to say on Zillow Review


 

3:16 team REALTY
is a proud Member
of Frisco TX Chamber of Commerce

   

 

Loreena Yeo is the broker of record of
3:16 team REALTY to practice real estate in Frisco & surrounding cities (State of Texas). Texas Real Estate Broker License Number #9001154.

CLIENT TESTIMONIALS

Read about what our satisfied clients have to say:

When she arrived for our appointment, we went through the normal preliminary procedures and all was fine. Then she surprised us. She had already done most of the work and only needed to take a few pictures of the inside and determine the price that we would be comfortable asking. She also spent a great deal of time explaining to us how the whole sales process work and what we could expect.

Eric & Tomoko Quere, Plano TX

 

Ultimately, Loreena introduced us to the house we bought--it was not one we found from our own hours of searching web listings--based on the the comments we had made while we visited these different homes. This is a testimony to her ability to listen well and to work proactively on our behalf.

Jenn & Glen Miller, Denton TX

We were completely impressed with Loreena. She helped us find and buy a home in Frisco. We have very high expectations from a realtor and she surpassed them. Knows her market extremely well, not just the technical market pricing data, but the nuances of all the neighborhoods as well. One of the most responsive and professional persons I've met in my entire business career.

Ruth & Jerry Meek, Frisco TX

I just want to thank you again for your help in selling our house. In this tough economy and market, I really didn't expect to get an offer. But you counseled me so well in pricing the house to sell and yet not letting me accept an offer that was too low. I believe we got the best deal we could have. I was so pleased and surprised with what we walked away with.

Sally & Phillip Barnard, Frisco TX

 


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