Frisco, Texas homes sold surge January, 2016

Frisco housing sales were at 174 properties this January, which is a 22% growth from last month. During 2016, housing sales are at 174 total, which is a 22% upturn from last year.

In total for this year, new houses listed are at 386 overall. New homes listed increased 31% relative to the same period last year. There were 386 new home properties listed this month. New homes listed in Frisco rose 31% this month. Listed houses under contract year-to-date grew 21% relative to the same period last year, with 277 houses sold. Listings under contract in Frisco gained 21% this January, with 277 properties currently listed under contract. The average price for a house in Frisco grew 0% . Overall this year, home sales rose 0% compared to the same period last year, the average selling price being $363,072.

On average year-to-date, buyers received 97% of their list price, which is a 0% increase relative to the same month last year. This month, buyers got 97% of their asking price, a 0% upturn from a month ago. The days on market until sale in Frisco climbed 11%, at 47 days on market until sale. In total for this year, houses sold went up 11% relative to the same month last year, at 47 days on market until sale. The market inventory of available homes in Frisco increased 1% during January, with 495 being the current supply of active listings on the market. During January there was a 1.5 month supply of available homes on the market, which is a 3% surge from the previous month.

Frisco is one of many areas reported on by the North Texas Real Estate Information System. The MLS Area for Frisco is 55. There are 13 counties and two major metropolitan areas in The Dallas Fort-Worth area –
Dallas-Plano-Irving and Fort Worth – which stretch across over 9,000 square miles. The Dallas Fort-Worth metroplex is, in regards to population, the largest metropolitan area in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas. The Gross Metropolitan Product of DFW is sixth largest in the United States and approximately tenth largest in the world.

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Frisco Texas Real Estate January 2016

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