Local Market > Analyzing 1st Quarter 2009 Frisco TX Homes for Sale

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These are informational statistics if you are in the Frisco Texas Homes market; either if you are buying or selling.

January: 2 Homes went into contract
February: 13 Homes went into contract
March through 20th: 60 Homes went into contract

Less than $100,000:
January 2009: 0 Homes went into contract vs. 1 Home Available for sale
February 2009: 0 Homes went into contract vs. 1 Home Available for sale
March through 20th: 0 Homes went into contract vs. 1 Home Available for sale

$100,001 - $200,000:
January 2009: 1 Home went into contract vs. 70 Homes Available for sale (1%)
February 2009: 3 Homes went into contract vs. 105 Homes Available for sale (3%)
March through 20th: 18 Homes went into contract vs. 159 Home Available for sale (11%)

$200,001 - $300,000:
January 2009: 1 Home went into contract vs. 176 Homes Available for sale (1/2%)
February 2009: 6 Homes went into contract vs. 243 Homes Available for sale (2%)
March through 20th: 22 Homes went into contract vs. 308 Homes Available for sale (7%)

$300,001 - $400,000:
January 2009: 0 went into contract vs. 118 Homes Available for sale
February 2009: 1 Home went into contract vs. 155 Homes Available for sale (1%)
March through 20th: 5 Homes went into contract vs. 195 Homes Available for sale (3%)

$400,001 - $500,000:
January 2009: 0 went into contract vs. 69 Homes Available for sale
February 2009: 1 Home went into contract vs. 95 Homes Available for sale (1%)
March through 20th: 8 Homes went into contract vs. 123 Homes Available for sale (7%)

$500,001 - $600,000:
January 2009: 0 went into contract vs. 37 Homes Available for sale
February 2009: 1 Home went into contract vs. 53 Homes Available for sale (2%)
March through 20th: 5 Homes went into contract vs. 62 Homes Available for sale (8%)

$600,001 - $700,000:
January 2009: 0 went into contract vs. 33 Homes Available for sale
February 2009: 0 went into contract vs. 47 Homes Available for sale
March through 20th: 1 Home went into contract vs. 56 Homes Available for sale (2%)

$700,001 - $800,000:
January 2009: 0 went into contract vs. 22 Homes Available for sale
February 2009: 1 Home went into contract vs. 32 Homes Available for sale (3%)
March through 20th: 0 went into contract vs. 37 Homes Available for sale

$800,001 - $900,000:
January 2009: 0 went into contract vs. 11 Homes Available for sale
February 2009: 0 went into contract vs. 22 Homes Available for sale
March through 20th: 0 went into contract vs. 25 Homes Available for sale

$900,001 - $1,000,000:
January 2009: 1 Home went into contract vs. 22 Homes Available for sale (5%)
February 2009: 0 went into contract vs. 19 Homes Available for sale
March through 20th: 1 Home went into contract vs. 22 Home Available for sale (4%)

Over $1 Million:
January 2009: 0 went into contract vs. 49 Home Available for sale
February 2009: 0 went into contract vs. 63 Homes Available for sale
March through 20th: 0 went into contract vs. 73 Home Available for sale

What this data mean?

Real estate activity is definitely picking up with the March numbers looking very promising. April and May should get even better. The 2 categories that seem to do best are the $100,000 - $200,000 and $200,000 - $300,000 categories coincidentally have always been the stronger price ranges of Frisco TX homes anyways.

If you were buying in the higher price ranges, it means that you could probably take more advantage of the hurting price points while if you are selling, your chances especially for Frisco TX homes less than $300,000 are good and as we get into April through August, it will only get better.

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DAILY FIXED MORTGAGE RATES

Mortgage	Rate	APR
FHA 15-Year (1Pt)	4.250%	4.903%
FHA 15-Year (0Pt)	4.500%	4.999%
Conv 15-Year (1Pt)	4.250%	4.549%
Conv 15-Year (0Pt)	4.375%	4.523%
FHA 30-Year (1Pt)	4.875%	5.259%
FHA 30-Year (0Pt)	5.125%	5.421%
Conv 30-Year (1Pt)	4.750%	4.924%
Conv 30-Year (0Pt)	5.000%	5.087%

*Rates subject to change without notice

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Available HOMES for SALE

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HOMES OF THE WEEK

View Selected Homes Of the Week
(These homes are specifically highlighted
because of its exceptional value or features).
Due to the market conditions, less of these homes are featured on the Frisco-TX-Homes.com website because less of these homes are deemed "value". This is simply a matter of opinion. Schedule an appointment to discuss further.
Last Updated: 08/30/2010

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