Local Market > June 2009 Frisco TX Housing Market Report

Home > Local Real Estate Markets > Frisco TX June Home Sales Market Report and Mid-Year Evaluations - 2009

We rolled into July 2009, which means we have passed the half-year mark for 2009. Below is the Frisco Texas June 2009 homes sales market report along with how the rest of the previous months did. At the end of this report, I will include a mid-year evaluation and prediction (solely based on opinion). It is our goal to empower you to become a more educated real estate consumer, especially in the Frisco TX Home communities as we provide you these home market statistics. Remember, information is power in real estate in negotiations.

January: 101 Frisco TX homes SOLD
February: 160 Frisco TX homes SOLD
March: 186 Frisco TX homes SOLD
April: 192 Frisco TX homes SOLD
May: 181 Frisco TX homes SOLD

June: 216 Frisco TX homes SOLD at $63,784,068.

The lowest priced home sold for $122,500 (3-bedroom, 3 1/2-bathroom property, 2,000 square feet) in Preston Lakes. It is a stucco home, 2-story and stands very majestic. This is a bank-owned property by Bank of America. In this economy, if it is not sold by a bank, it would have easily go for $160,000 or higher (personal opinion only).

The most expensive priced home sold for $1.9 million (6-bedroom, 8 bathroom, over 9,000 square feet) in Starwood Frisco. It is a Steve Roberts custom home on a 3/4 wooded creek lot. It was on the market for 219 days. The buyer of the home paid CASH.

The average home in Frisco Texas is 4-bedroom, 3 1/2 bath, over 3,100 square feet and sold for $295,000 in 79 days on the market.

I think it's important to study the days on market for the homes sold. As a buyer, you will understand the "limits" of your negotiation power in general and as a seller, it is important to know the pricing correctly gives you the greatest chance to sell your home.

	0-30 Days	31-60 Days	61-90 Days	91-120 Days	120+ Days
No. of Listings	80	41	37	20	38

To date, 1,036 homes sold in Frisco Texas. When compared to last year, Frisco TX sold 1,269 homes for the same period in 2008. The numbers are down 18%. For a detailed 1st Quarter results, find it at 1st Quarter 2009 Frisco TX Homes Market Report.

The breakdown of the price ranges are as follows:
DOM is number of days the house is on the market.

Less than $100,000:
SOLD = None
Under Contract = NONE
AVAILABLE = 3 Homes; DOM = 102

$100,001 - $200,000:
SOLD = 71 homes (58 days on market, $87/sq.ft.)
Under Contract = 115 homes; DOM = 64 days
AVAILABLE = 182 Homes DOM = 72 days

$200,001 - $300,000:
SOLD = 81 homes (77 days on market, $83/sq.ft.)
Under Contract = 130 homes; DOM = 79 days
AVAILABLE = 304 Homes DOM = 85 days

$300,001 - $400,000:
SOLD = 31 homes (115 days on market, $91/sq.ft.)
Under Contract = 53 homes; DOM = 114
AVAILABLE = 198 Homes DOM = 91 days

$400,001 - $500,000:
SOLD = 17 homes (65 days on market, $101/sq.ft.)
Under Contract = 28 homes; DOM = 88 days
AVAILABLE = 115 Homes DOM = 88 days (Down 4% from last week)

$500,001 - $600,000:
SOLD = 10 homes (80 days on market, $124/sq.ft.)
Under Contract = 12 homes; DOM = 136 days
AVAILABLE = 66 Homes DOM = 106 days

$600,001 - $700,000:
SOLD = 2 homes (139 days on market, $121/sq.ft.)
Under Contract = 12 homes; DOM = 183 days
AVAILABLE = 51 Homes DOM = 113 days

$700,001 - $800,000:
SOLD = None
Under Contract = 5 homes; DOM = 70 days
AVAILABLE = 37 Homes DOM = 126 days

$800,001 - $900,000:
SOLD = None
Under Contract = NONE
AVAILABLE = 27 Homes DOM = 114 days

$900,001 - $1,000,000:
SOLD = 1 home (220 days on market, $113/sq.ft.)
Under Contract = 1 home; DOM = 509
AVAILABLE = 22 Homes DOM = 190 days

Over $1 Million:
SOLD = 3 homes (201 days on market, $235/sq.ft.)
Under Contract = 3 homes
AVAILABLE = 72 Homes; DOM = 177 days

Currently, Frisco TX has 1,188 homes available for purchase. To read more about the current real estate market conditions in Frisco TX, stay tuned for an updated July 2009 current home sales activity report.

Want to how the 1st week of June 2009 Home Sales, 2nd week of June Homes Sales did in Frisco Texas and 3rd week of June Home Sales? Find out now.
Read detailed 1st Quarter Frisco TX homes market report at 1st Quarter 2009 Frisco TX Homes Market Report.
Read comprehensive April 2009 Frisco TX Homes Market Report.
Read comprehensive May 2009 Frisco TX Homes Market Report.

View new Frisco TX homes now:

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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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