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Published October 11th 2010 7:52 am

 

In September 2010, Frisco TX sold 106 homes. These includes single-family homes, townhomes and duplexes in the City of Frisco TX. MLS area 55 not including the homes not in Frisco TX.

January 2010 = 95 Frisco TX homes sold
February 2010 = 118 Frisco TX homes sold
March 2010 = 196 Frisco TX homes sold

April 2010 = 249 Frisco TX homes sold
May 2010 = 223 Frisco TX homes sold

June 2010 = 245 Frisco TX homes sold
July 2010 = 180 Frisco TX homes sold
August 2010 = 152 Frisco TX homes sold

 

  106 Frisco TX Homes Sold for $31,956,330 in September 2010 

(Source: NTREIS Innovia on October 4th 2010)

The lowest priced home sold for $68,000 in Hickory Hills near Preston and Hickory Street (just south of Main Street). It is a duplex with  3-bedrooms, 2 full bathrooms just over 1,100 square feet, built. It took the seller 13 days to sell the property. This is a bank-owned foreclosure property.

The highest priced Frisco TX home was sold in Starwood for $1.3 Million - a 6,300 square-foot Frisco TX luxury home, 5-bedrooms, 5 full bathrooms, 3 half bathrooms with 3-car garage, built in 1998 located on an almost 1/2 acre lot size. It took approximately 6 months to sell.

The average home in Frisco TX is $301,475. An average home in Frisco TX is a 4 bedrooms, 2 bathrooms, 3,200 square feet. The average price per square feet is $93/sq.ft. The average days on market to sell a home in Frisco TX is 78 days.

The median sales price of Frisco TX homes is $257,450. This means half the homes sold in Frisco TX in September sold for less than $257,450 and half over $257,450.

Some interesting facts about September 2009 and September 2010 sales numbers:

  September 2010 September 2009

% Change

Number of Transactions 106 204  - 48 %
Total Sales (Real Estate Value) $ 31,956,330 $ 55,463,828 - 42 %
Average Sold Price $ 301,475 $ 271,882 + 10 %
Median Sold Price $ 257,450 $ 233,500  + 10 %
Average Days on Market 78 72  - 8 %

 

Here is the snapshot of the homes sold in Frisco by PRICE RANGE for September 2010:

  Price Range No. of Homes Sold Percentage of Homes Sold
  Less than $100K 1 1 %
  $100K - $199,999 28 26 %
  $200K - $299,999 37 35 %
  $300K - $399,999 22 21%
  $400K - $499,999 9 8 %
  $500K - $999,999 8 8 %
  $1 Million & up 1 1 %

 

Commentary of Frisco TX homes for sale market:

September 2010 numbers seem to be very negative of all the statistics compared in all of 2010. The numbers in September 2010 when compared to September 2009 fell almost 50%.  However, the median sales and average sales prices are UP 10% (again, by far has the highest increase than any other month studied in 2010).

The Frisco TX home sale market is still selling. However, the sales number looks to shift favoring buyers more than sellers. Currently, approximately 160 homes in Frisco TX are under contract, pending sale.

There are 1,052 homes for sale in Frisco TX. They range from a $69,000 Frisco TX townhome to a $4 Million Frisco TX luxury estate. The lowest priced single family home in Frisco TX is priced at $79,500 - an older Frisco TX home (1-bedroom, 1-bathroom) built in 1960 in the Original Frisco TX neighborhood just off Main Street. There are 56 homes for sale over $1 Million. The highest price home in Frisco is located in Villages of Stonebriar Park.

The average is $404,546 at $116/square feet and 3,500 square feet, 4-bedrooms, 3-bathrooms and at an average 98 days on the market.

Absorption Rate: It takes approximately 43 weeks (almost 11 months) to sell all Frisco TX home inventory at its present rate (September 2010).

 

Find out more about living in Frisco TX.

What can you get for your money in Frisco TX?

Everything you need to set up Residency in Frisco TX

 

Check out Homes for Sale in Frisco TX:

 

 

 

 

 

 

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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.

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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.

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