The housing market in Frisco, Texas continues to shine. Median home prices have climbed and are up 8 percent over the past 12 months.
At the same time prices are increasing the Months Supply of Inventory continues to drop. At the end of October there was 2.4 months of inventory. We have not seen this level since January 2007.
The Percent of Original List Price represents to amount of reductions a seller has to take to sell a property. Frisco is now seeing 96 percent of list price, a gain of 2.2 percent of last year.
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Click here for a complete list of Homes for Sale in Frisco, TX.
Data Source: NTREIS Trends on November 1, 2013.
Originally posted at http://www.thebranchteam.com/wordpress/2013/11/01/frisco-texas-market-report-for-october-2013/
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