Navigating the housing market in Frisco? The average time for a home for sale in Frisco is 12 Days on the Market, which is great news for buyers and sellers. Mister Frisco is here to guide you. Here are the key updates for July in the pre-owned single-family housing market. Let’s dive into it!
Prices and Availability
Home prices are up, with the median price in July reaching $686,500, a 2.8% increase from last year and a 9.6% rise from June. More homes are on the market, too, with 374 houses available, 25.6% higher than last year. Mister Frisco can help you find the perfect fit within your budget.
Sales and Time on the Market
Sales are slowing down, with 15% fewer homes sold than last year and 10.6% fewer than in June. Homes are taking a bit longer to sell, with a median of 12 days on the market. Whether you’re buying or selling, Mister Frisco has the insights to make the process smooth.
Pending Sales and Market Trends
Pending sales decreased by 15.3% from last year and 22% from June with 2.3 months’ supply. Traditionally, the decrease in pending sales and sale along with the increasing inventory shows that the market is slowing down. This slight slowdown means choosing the right realtor is critical. If you’re looking to sell, Mister Frisco can guide you to make the most of this advantage.
Whether buying your dream home or selling for the best price, Mister Frisco is here to help you navigate those 12 days on the market.
