Ken Oenbrink - NTX Property Watch Report

Frisco, TX

Single-Family Homes

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



Frisco, TX

Sun Apr 05 2020
This week the median list price for Frisco, TX is $529,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 505. 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.

Slight Seller's Advantage

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

Sun Apr 05 2020
This week the median list price for Frisco, TX is $529,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 505. 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.

Slight Seller's Advantage

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 $529,500
Per Square Foot $163
Days on Market 97
Price Decreased 30%
Price Increased 10%
Relisted 6%
Inventory 505
Median Rent $2,200
Most Expensive $6,900,000
Least Expensive $259,000
Market Action 42
Slight Seller's Advantage

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
$1,049,950 5,021 0.25 - 0.5 acre 5 5 12 10 11 151
$600,000 3,830 8,000 - 10,000 sqft 4 4 3 17 15 87
$475,975 3,296 6,500 - 8,000 sqft 4 3 4 16 16 79
$360,000 2,420 6,500 - 8,000 sqft 4 2 16 28 21 70