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Published July 15 2010 3:07pm

 

In June 2010, Frisco TX sold 245 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

245 Frisco TX Homes Sold for $79,140,475 in June 2010

Frisco TX homes for saleWhen compared to the same time last year (June 2009), Frisco TX sold 247 homes. The current Frisco TX housing market conditions is similar to the previous year. The Frisco TX First Time Home Buyer and Repeat Buyer Tax Credits most probably contributed to positive numbers in April 2010, and that was probably it as far as its intended housing stimulation.

The lowest priced home sold for $105,000 in Stonebrook Estates - a 3-bedrooms, 2 1/2 bathrooms, built in 1987 at 1,200 square feet. It took the seller (bank-owned) 10 days to sell the property and the buyer paid cash. For the first time in several years, the lowest priced Frisco TX home sold over $100,000.

The highest priced Frisco TX home was sold in Starwood for $1.9 million - a 9,000 square-foot Frisco TX luxury home, 6-bedrooms, 7 1/2 bathrooms with 4-car garage, built in 2000. It took over a year (385 days) to sell. It was a custom Steve Roberts homes on a 3/4 acre creek lot with large trees on site and pool view from every room! Extensive mill work, gourmet kitchen and luxurious master suite.

The average home in Frisco TX is $304,386 (significantly higher than April and May 2010 data), a 3 bedrooms, 2 bathrooms, 3,100 square feet. The average price per square feet is $97/sq.ft. The average days on market to sell is 78 days.

The median sales price of Frisco TX homes is $270,500. This means half the homes sold in Frisco TX in June sold for less than $270,500 and half over $270,500. This median sales price is $25,000 higher than the previous month (May 2010).

 

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

  Price Range No. of Homes Sold Percentage of Homes Sold
  Less than $100K 0 0%
  $100K - $199,999 53 20%
  $200K - $299,999 102 39%
  $300K - $399,999 41 16%
  $400K - $499,999 20 8%
  $500K - $999,999 26 10%
  $1 Million & up 3 2%

 



Current conditions of Frisco TX homes for sale market:

There are 1,071 homes for sale in Frisco TX. They range from $69,000 to $3.6 Million. The average is $412,989 at $117/square feet and 3,500 square feet, 4-bedrooms, 3-bathrooms and at an average 90 days on the market.

265 Frisco TX homes were under contract in June 2010. Based on the studies of the past 6 months in 2010 leading up to the end of the Frisco TX First Time Home Buyer and Repeat Buyer Tax Credits, the Tax Credit did what it was suppose to do only in April 2010 where buyers were given a second chance when the Tax Credit laws were extended. In April, Frisco TX saw a significant increase (almost 300%) from the previous year. It looks like those who wanted to make a decision to purchase by then did at that time.

So how is the Frisco TX market doing after June 30th - the Tax Credit Dateline ?

Buyers are still looking and buying. Contracts are still written every week but the Frisco TX home buyers are not as pressured to purchase a home by a certain dateline. They will buy it when they find it!

 

 

 

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:

 

 

 

 

 

 

FEATURED LISTINGS
 

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4 bedrooms, 3 baths, approx 3071 sq. ft.

$239,900

 

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Read about what our satisfied clients have to say:

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.

Eric & Tomoko Quere, Plano TX

 

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.

Sally & Phillip Barnard, Frisco TX

 


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