What's My Frisco Home Worth? Here's the market update for November 2018;
· Number of homes sold in November 2018 - 224
· Average Price of sold homes - $451,687
· Average sales price per sq. ft. (new construction and resale) - $148
· Average sales price per sq. ft. (resale) - $144
· Average sales price per sq. ft. (new construction) - $156
· Average days on market - 71
· Sale price to list price ratio - 93.9%
· Months Supply of Inventory - 3.6 months
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. 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 $185.00 with a marketing time of 45-90 days.
Let's take a look at current inventory for your city - Frisco;
· Number of Active listings in Frisco - 999
· Price Range - $187,000 - $6,495,000
· Active homes range from 1,089 square feet to 14,788 square feet.
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
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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? November 2018 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.