What's My Frisco Home Worth? Here's the market update for September 2017;
· Number of homes sold in September 2017 - 240
· Average Price of sold homes - $433,257
· Average sales price per sq. ft. - $143
· Average days on market - 32
· Sale price to list price ratio - 96.2%
· Months Supply of Inventory - 3.8 months
For the same time period in 2016, there was a total of 301 SOLD homes in Frisco TX with an average price of $429,765. Average days on market was 24 and sale price to list price ratio was 96.7%.
So what does this mean for homeowners? With home prices in many communities at an all-time high, now may be a good time to consider cashing in on your investment. This especially bodes well for people who don’t necessarily have to buy a new home right away, such as investors or retirees.
On the flip side, what does this mean for someone trying to buy a home? Despite home prices being at an all-time high, many economists believe prices will continue in rise. The growth and development we’ve seen over the past couple years is just the tip of the iceberg. Columbus will continue to morph into a 21st century metropolis, similar to the transformations of Denver and Austin during the early 2000s. That said, buying a home right now is not easy. Buyers need to be prepared to act quickly and strategically out-bid and out-maneuver other buyers. Hiring a good Realtor is the first step in being able to do this successfully.
If you were to list your Frisco TX home for sale today, based on sales in the neighborhood as well as market conditions, list price per square feet will be between $135 to $175.00 with a marketing time of 45-60 days.
Let's take a look at current inventory for your city - Frisco;
· Number of Active listings in Frisco - 1005
· Price Range - $187,000 - $6,495,000
· Active homes range from 1,089 square feet to 14,788 square feet.
Frisco TX Real Estate Trends & News
Dallas-based Woodbine Development Corp. has joined forces with The Estate of Bert Fields Jr. to begin early planning on a new 2,800-acre master-planned development in Frisco. This will allow construction of a few thousand new construction homes in Frisco next year.
Top 5 Frisco Events
Oct 6: The Big Orange Pumpkin FarmFrom September 15th through November 22rd, 2017, The Big Orange Pumpkin Farm at Preston Trail Farms will offer visitors a chance to experience blossoming small green pumpkins right on the vine in our pumpkin patch, hayrides, a 6-foot hay maze and a petting farm for a taste of the country life.
Oct06: Autumn Walking Tour Schedule - Railroad MuseumWalking Tours of the Museum's rolling stock site will be available each Thursday and Friday at 1pm and Saturdays at 11am & 1pm October 5 through December 30.
Oct 7: Fall Festival and Farmer's Market
This free event will feature kid's activities, live music, local produce and food vendors and garden clinics.
Oct 7: Second Annual Frisco Arts Walk
Join us for the 2nd Annual Frisco Arts Walk at the Texas Sculpture Garden inside HALL Park, presented by Frisco Arts.
Oct 7: Frisco Humane Society Meet and Greet - DogsCome and meet our wonderful dogs!
How to get your Frisco home SOLD fast with no stress for the most amount based on market?
Choose a Realtor you can trust
Price it right
Remove all the roadblocks from showing your home to potential buyers
It takes more than just these four suggestions but if you do the first one (choosing the right Realtor), you'll be in great hands!
If you are thinking about selling your Frisco home and would like to find out the market value, you can use this link to get a FREE home evaluation. You can also call or text me at 469-269-6541 or visit www.NitinGuptaDFW.com
About us: Frisco Real Estate Experts
Get an Advantage
How can both buyers and sellers have an advantage in the Frisco Texas real estate market?Employ the services of a Frisco real estate agent who has vast knowledge and experience of the market.
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The above information regarding the “What's My Frisco TX Home Worth? September 2017 Update" was provided by Nitin Gupta, REALTOR. Nitin has experience helping families buy and sell homes in the Dallas/Fort Worth area. If you’re thinking of selling or buying, he would love to share his knowledge and expertise. Learn more about Frisco real estate market and Denton County Real Estate news at
The communities he proudly serves include University Park, Frisco, Coppell, Frisco Flower Mound, Colleyville, Grapevine, Highland Park.
