Home > Local Real Estate Markets > Frisco TX Homes for Sale (May 2009 Residential Housing Report)

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January: 101 Frisco TX homes SOLD
February: 160 Frisco TX homes SOLD
March: 186 Frisco TX homes SOLD
April: 192 Frisco TX homes SOLD

For a detailed 1st Quarter results, find it at 1st Quarter 2009 Frisco TX Homes Market Report.
For a comprehensive April 2009 Frisco TX Homes Market Report.

In May 2009, Frisco TX sold 181 homes at a total real estate value of  $53,385,950.
The average home in Frisco TX sold in May was 4-bedrooms, 3-bathrooms almost 3,200 square feet.
The average home sold at $92/square feet and stayed on the market 78 days on the market before it received a contract.

The lowest price home sold for $131,000 (2-bedroom, 2-bath, 1,300 square foot home) and the most expensive home sold for $1.3 million dollar (6-bedroom, 6-bathroom, over 6,600 square feet).

When compared to the same time last year (April 2008), Frisco TX sold 262 homes valued at $83,593,927. Down 30% in number of transactions and down 36% in real estate value.

Here is the market statistics for average Days on Market breakdown:

Hence, I almost always tell my Seller clients that their biggest chance of sale happen in less than 60 days.

For a pricing break down of where your home may perform, check the detailed analysis:

Less than $100,000:
SOLD - 0 Home
AVAILABLE - 1 Homes DOM = 69 days

$100,001 - $200,000:
SOLD - 59 Homes at DOM = 73; $85/sqft
AVAILABLE - 175 Homes DOM = 72 days

$200,001 - $300,000:
SOLD - 67 Homes at DOM = 67; $81/sqft
AVAILABLE - 309 Homes DOM = 87 days

$300,001 - $400,000:
SOLD - 37 Homes at DOM = 80; $89/sqft
AVAILABLE - 183 Homes DOM = 94 days

$400,001 - $500,000:
SOLD - 13 Homes at DOM = 116; $103/sqft
AVAILABLE - 118 Homes DOM = 85 days

$500,001 - $600,000:
SOLD - 8 Homes at DOM = 78; $118/sqft
AVAILABLE - 70 Homes DOM = 121 days

$600,001 - $700,000:
SOLD - 2 Homes at DOM = 86; $143/sqft
AVAILABLE - 46 Homes DOM = 113 days

$700,001 - $800,000:
SOLD - 0 Home
AVAILABLE - 39 Homes DOM = 116 days

$800,001 - $900,000:
SOLD - 1 Homes at DOM = 282; $169/sqft
AVAILABLE - 25 Homes DOM = 120 days

$900,001 - $1,000,000:
SOLD - 0 Homes
AVAILABLE - 21 Homes DOM = 203 days

Over $1 Million:
SOLD - 3 Homes at DOM = 104; $218/sqft
AVAILABLE - 73 Homes DOM = 160 days

Currently, Frisco TX has 1,062 homes for sale. In the month of May, 338 homes are pending contract for sale. It would take Frisco approximately 6 1/2 months to sell all its present inventory at its current rate (Absorption Rate = 25.5 weeks).

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Related Articles:

• Frisco TX Homes for Sale - April 2009 Housing Market Report
• 1st Quarter 2009 Frisco TX Residential Housing Report
• Early Spring Frisco TX Homes By the Zip Codes
• New Homes in Frisco TX - Early 2009 Outlook
• The Frisco TX Home Market is Turning