Frisco Home Values

  • Frisco home sales were down 3% in June 2014

    Frisco home sales were down 3% in June 2014 compared to the same month last year with 463 homes selling this month. So far this year, there have been 1,996 home sales, which is a decrease of 7% from last year.

    New real estate listings in the Frisco area have decreased 4%, with 526 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 8%, with 2,696 homes listed. The number of listings under contract increased 1% this month, with 435 homes contracted. The number of listings under contract for the year to date decreased 7%, with 2,310 homes under contract. The current supply of active listings on the market this month was 618 homes, a 24% decrease from the same month last year. There was a 1.8 month supply of homes on the market, which is a 28% decrease from last year.

    The average sales price of a home in the Frisco area this month was $343,224, up 8% from this month last year. For the year 2014, the average sales price was up 9%, at $343,550. On average, sellers have received 99% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 31 days on the market until sold, which represents a decrease of 4% from last year. For the year to date, the average number of days on the market was 41, a decrease of 4%.

    Frisco real estate information, known as MLS Area 55, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of June 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by 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 DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Frisco Texas homes, foreclosures, and short sales to find homes in Frisco. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Frisco Texas Real Estate June 2014

    By Bob Baesmann

  • Top 10 Frisco, Texas Subdivisions ranked by Home Sales

    We’ve ranked the top 10 subdivisions in Frisco, Texas based on home sales in 2013. The Stonebriar subdivision topped the list in total dollar sales in 2013, selling $70.6 million dollars in homes. There were 103 homes sold at an average sales price of $686,188. Second on the list in total dollar sales was Starwood, selling $62.3 million dollars in homes. 80 homes were sold in Starwood, at an average sales price of $779,116. Trails ranks third on the list of total dollar sales at $61.5 million. There were 180 homes sold in Trails, with an average sales price of $342,085.

    Grayhawk was fourth on the list of total dollar sales in 2013, selling $39.7 million dollars in homes. There were 153 homes sold at an average sales price of $259,866. Next on the list in total dollar sales was Stonelake Estates, selling $36.3 million dollars in homes. 87 homes were sold in Stonelake Estates, at an average sales price of $417,932. Shaddock Creek ranks sixth on the list of total dollar sales at $30.9 million. There were 52 homes sold in Shaddock Creek, with an average sales price of $594,644. Panther Creek was seventh on the list of total dollar sales in 2013, selling $29.8 million dollars in homes. There were 102 homes sold at an average sales price of $292,579. Next on the list in total dollar sales was Plantation Resort, selling $27.2 million dollars in homes. 117 homes were sold in Plantation Resort, at an average sales price of $232,572. Willow Bay ranks ninth on the list of total dollar sales at $26.9 million. There were 80 homes sold in Willow Bay, with an average sales price of $337,355. Tenth place in total dollar home sales in Frisco, Texas for 2013 was Pearson Farms, with $25 million dollars in homes sold. There were 59 homes sold in Pearson Farms, at an average sales price of $424,578.

    These are the Top 10 subdivisions, ranked by Home Sales, in Frisco, Texas, which has a population of 116,989, up from 33,714 in the previous census, making it the twenty-sixth most populous city in the state of Texas. Frisco was the fastest-growing city in the United States in 2009 and also the fastest-growing city in the nation from 2000 to 2009. Frisco is roughly 62.4 square miles in size. Frisco is located in both Collin and Denton Counties on the far north side of Dallas. Overall home sales in Frisco, Texas are at 4,956 homes sold, with an average sales price of $320,206. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market. Frisco is known as area 55 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

  • Frisco home sales were down 22% in May 2014

    Frisco home sales were down 22% in May 2014 compared to the same month last year with 369 homes selling this month. So far this year, there have been 1,517 home sales, which is a decrease of 9% from last year.

    New real estate listings in the Frisco area have increased 4%, with 581 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 9%, with 2,171 homes listed. The number of listings under contract decreased 10% this month, with 415 homes contracted. The number of listings under contract for the year to date decreased 11%, with 1,842 homes under contract. The current supply of active listings on the market this month was 615 homes, a 18% decrease from the same month last year. There was a 1.8 month supply of homes on the market, which is a 24% decrease from last year.

    The average sales price of a home in the Frisco area this month was $343,768, up 7% from this month last year. For the year 2014, the average sales price was up 9%, at $343,660. On average, sellers have received 98% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 35 days on the market until sold, which represents a decrease of 20% from last year. For the year to date, the average number of days on the market was 44, a decrease of 11%.

    Frisco real estate information, known as MLS Area 55, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of May 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by 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 DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Frisco Texas homes, foreclosures, and short sales to find homes in Frisco. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Frisco Texas Real Estate May 2014

    By Bob Baesmann

  • Home Sales Trends in 2013 for the Panther Creek subdivision – Frisco, Texas

    Home Sales in the Panther Creek subdivision in Frisco, Texas have been brisk in 2013, with 102 homes sold. The homes sold were built between 2003 and 2013, and the average sales price for a home in the Panther Creek subdivision was $292,579. The lowest sale was at $178,000 and the highest sale was at $525,000.

    The average size of a home in the Panther Creek subdivision is 3,360 sq. ft., with the smallest at 1,836 sq. ft. and the largest at 4,651 sq. ft. Homes in the Panther Creek subdivision sold, on average, in 43 days. The quickest sale took 2 days and the longest sale 506 days. The average price per square foot for a home in the Panther Creek subdivision is $87.95.

    The Panther Creek subdivision is located in Frisco, Texas, has a population of 116,989, up from 33,714 in the previous census, making it the twenty-sixth most populous city in the state of Texas. Frisco was the fastest-growing city in the United States in 2009 and also the fastest-growing city in the nation from 2000 to 2009. Frisco is roughly 62.4 square miles in size. Frisco is located in both Collin and Denton Counties on the far north side of Dallas.

    Overall home sales in Frisco, Texas are at 4,956 homes sold, with an average sales price of $320,206. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market. Frisco is known as area 55 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2012.

    DFW Team Realty is your local expert specializing in home sales in the Panther Creek subdivision, as well as home foreclosures and short sales in the Panther Creek subdivision. If you are looking to buy or sell a home in the Panther Creek subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

  • Home Sales Trends in 2013 for the Winding Creek subdivision – Frisco, Texas

    Home Sales in the Winding Creek subdivision in Frisco, Texas have been brisk in 2013, with 41 homes sold. The homes sold were built between 2009 and 2013, and the average sales price for a home in the Winding Creek subdivision was $352,699. The lowest sale was at $285,500 and the highest sale was at $423,687.

    The average size of a home in the Winding Creek subdivision is 3,276 sq. ft., with the smallest at 2,276 sq. ft. and the largest at 4,423 sq. ft. Homes in the Winding Creek subdivision sold, on average, in 86 days. The quickest sale took 1 days and the longest sale 299 days. The average price per square foot for a home in the Winding Creek subdivision is $109.52.

    The Winding Creek subdivision is located in Frisco, Texas, has a population of 116,989, up from 33,714 in the previous census, making it the twenty-sixth most populous city in the state of Texas. Frisco was the fastest-growing city in the United States in 2009 and also the fastest-growing city in the nation from 2000 to 2009. Frisco is roughly 62.4 square miles in size. Frisco is located in both Collin and Denton Counties on the far north side of Dallas.

    Overall home sales in Frisco, Texas are at 4,956 homes sold, with an average sales price of $320,206. On average, sellers received 96% of their asking price, with homes spending an average of 43 days on the market. Frisco is known as area 55 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2012.

    DFW Team Realty is your local expert specializing in home sales in the Winding Creek subdivision, as well as home foreclosures and short sales in the Winding Creek subdivision. If you are looking to buy or sell a home in the Winding Creek subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

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