Frisco, Texas home sales decline 4% during December

Year-to-date there have been 4,187 homes sold, which is a 4% fall from a year ago. There were 326 homes sold in Frisco this month, a 4% dip from the previous month.

In December 2015, 204 new properties were listed in Frisco. During December, the number of new listings in Frisco climbed 3%. Cumulatively this year, new listings have reached 4,855 overall. New real estate listings year-to-date grew 3% compared to the same month last year. During December, there were 229 houses currently listed in Frisco, which is a 17% upturn from the previous month. Current listings under contract year-to-date decreased 1% relative to the same period last year, with 4,116 homes sold this year. The average price for a home was about $379,767 so far this year, which is a 9% growth relative to the same month last year. The average selling price in Frisco grew 6% during December .

The percentage of asking price received in Frisco climbed 0% in December of this year, with buyers receiving 97% of their list price. So far this year, the percentage of asking price received grew 1% relative to the same period last year, with buyers receiving 99% of their list price. Days on market until sale year-to-date dropped 8% relative to the same month last year, at 35 days on market until sale. The days on market until sale this month in Frisco grew 17%, at 50 days on market until sale. The market supply of homes in Frisco dipped 5%, with the current supply of active listings on the market at 443 properties. The month supply of houses in Frisco declined 1%, with a 1.3 month supply of available homes.

Frisco is one of many areas analyzed by the North Texas Real Estate Information System. The MLS Area for Frisco is 55. There are 13 counties and two major metropolitan regions in The Dallas Fort-Worth area –
Dallas-Plano-Irving and Fort Worth – which span over 9,000 square miles. The DFW metroplex is the most populous metropolitan region in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. It is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

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Frisco Texas Real Estate December 2015

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