Ken Oenbrink - NTX Property Watch Report

Frisco, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Frisco, TX

Tue Feb 19 2019
This week the median list price for Frisco, TX is $513,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 677. Click here to stay informed with the Frisco market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Frisco, TX

Tue Feb 19 2019
This week the median list price for Frisco, TX is $513,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has held steady at or around 677. Click here to stay informed with the Frisco market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Frisco market.
Median List Price $513,000
Per Square Foot $155
Days on Market 127
Price Decreased 42%
Price Increased 5%
Relisted 10%
Inventory 677
Median House Rent $2,363
Most Expensive $5,900,000
Least Expensive $129,900
Market Action Index
Slight Seller's Advantage
33

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$875,000 4,806 0.25 - 0.5 acre 5 5 5 15 9 205
$572,900 3,799 8,000 - 10,000 sqft 4 4 1 15 18 126
$474,799 3,372 6,500 - 8,000 sqft 4 3 1 24 12 106
$369,999 2,550 6,500 - 8,000 sqft 4 2 15 30 21 68