Ken Oenbrink - NTX Property Watch Report

Frisco, TX

Single-Family Homes

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



Frisco, TX

Thu Aug 06 2020
This week the median list price for Frisco, TX is $529,000 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has held steady at or around 415. Click here to stay informed with the Frisco market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Frisco, TX

Thu Aug 06 2020
This week the median list price for Frisco, TX is $529,000 with the market action index hovering around 51. This is an increase over last month's market action index of 47. Inventory has held steady at or around 415. Click here to stay informed with the Frisco market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Frisco market.
Median List Price $529,000
Per Square Foot $161
Days on Market 96
Price Decreased 44%
Price Increased 6%
Relisted 5%
Inventory 415
Median Rent $2,250
Most Expensive $6,900,000
Least Expensive $200,000
Market Action 51
Strong Seller's Market

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
$1,200,000 5,401 0.25 - 0.5 acre 5 5 10 5 8 164
$614,947 3,973 8,000 - 10,000 sqft 4 4 6 14 24 79
$470,647 3,363 6,500 - 8,000 sqft 4 3 10 24 15 73
$366,000 2,454 6,500 - 8,000 sqft 4 2 17 22 27 68