When compared to last year, Frisco TX sold 653 homes in the same period in 2008. The sales number are down 5% for 3rd Quarter comparisons. In 2008, 1,884 Frisco TX homes sold from January through September. The numbers are down 12% to date.
Real Estate Commentaries based on the above market data: The average price per square feet sold are lower in the less busy months and peak in August as our normal Frisco TX real estate trends indicate. Currently, Frisco TX has 949 homes available for sale. The lowest priced property is a townhome off Hickory Street, priced at $47,700 (a 2-bedroom and 1 1/2 bathrooms). The most expensive home is a custom built home by Chapman Builders at Villages of Stonebriar Park for $5.4 Million (over 10,000 square feet). 245 homes are under contract. The absorption rate (ie time it takes for all the current inventory to sell in its current rate) is approximately 23 weeks (almost 6 months). This means if there are no additional inventory that comes on the market, it takes approximately 23 weeks or 6 months to sell all of its current inventory.
Also, there is a possibility that you may be receiving differing numbers you found here and another site. Note that Frisco as recorded by the local MLS is tracked by Frisco school district (MLS 55). However, the information MLS 55 may include Plano and Little Elm. That is most likely the difference. The information within Frisco is deemed correct for single-family homes, condos, duplexes and townhomes.
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August 2009 Frisco TX Homes Market Report.
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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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The lowest priced home sold for $116,500 (2-bedroom, 2-bathroom
property, 1,472 square feet) in Stonebrook Frisco. It took 35 days to
sell this house.
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Frisco TX was the fastest growing city of the past decade (2000 - 2009). It is located 25 miles north of the Dallas metroplex spanning 2 counties: Collin (on the east side) and Denton (on the west side). Currently over 109,000 people call Frisco TX home. Frisco TX has 2 zipcodes: 75034 on Frisco TX is home to the Stonebriar Shopping Mall - the largest mall in North Texas. Surrounding the mall is other retail shopping such as Ikea, Furniture stores such as Room Store, Bassett, etc. Along Preston Road, you can find all types of eateries: From fast food: Steak N Shake, Tin Star, Chipotle, Corner Bakery, Panda Express, Dodie's Cajun Restaurant, Spring Creek BBQ, Olive Garden, Red Lobster, Fadi's Mediterrenaen, Gloria's Seafood, Cotton Patch, Thai Frisco, Applebee's, Texas Land & Cattle and Starbucks Coffee, Chez Moi French and plenty more. Frisco TX also is home to other big name retails such as Best Buy, Ross, Staples, Ulta, Kirkland's, Bed and Bath and Lowe's.
Homes in Frisco TX typically start around $100,000. Frisco TX also have luxury communities such as Starwood, Chapel Creek, Stonebriar Village, Lakes on Legacy where homes reach in the $3 - 4 million estates. A typical "smaller" home in Frisco is typically 3 bedrooms with 2 bathrooms and 2 car garage. A typical 4-bedroom home in Frisco is around 3,000 square feet or larger, with 2 1/2 bathrooms and 2-car garage. You could expect many subdivisions here in Frisco TX with Homeowner's Association. Many of these communities have community swimming pool, hike and bike trails. Frisco TX also has an Exemplary school system. Many schools (Elementary, Middle and High schools) are highly rated. The Frisco ISD is a highly desirable school district with dedicated school teachers committed to providing our students a high quality education our children deserve. Visit Frisco TX today to see if it interest you enough to call home. 3:16 team REALTY typically take potential buyers to Frisco and surrounding cities for home tours of the area. This website, Frisco-TX-Homes.com and 3:16 team REALTY is dedicated to providing you useful information about Frisco TX: everything from housing and residential communities, to local events and local businesses of Frisco TX. |
the west side of Preston Road and 75035 on the east side of Preston. Preston Road is the main thoroughfare in Frisco TX. Major shopping conveniences are located at Preston Road and State Highway SH 121.
Frisco TX is a highly-desirable city to buy a home because the homes in Frisco TX are built utilizing the latest home building codes. The City of Frisco continue to incorporate energy efficient programs.| PRIVACY POLICY | TERMS OF USE | Real Estate Markets |
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Loreena Yeo is the broker of record of 3:16 team REALTY to practise real estate in Frisco & surrounding cities (State of Texas). Texas Real Estate Broker License Number #0507884. |