Real Estate Market Update for Frisco, TX

Video: Real Estate Community Tour for Frisco, TX

See Real estate community tour for Frisco, TX
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 3% from one year earlier, and up 17% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 370-thousand dollars. The number of units sold decreased 14% year-over-year, and increased 21% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Frisco, TX
Area Information for Frisco, TX
  • Population: 125,623
  • Median Age: 33.16 yr
  • Median Commute Time: 30.74 mins
  • Educational Climate*: 4
  • Sales Tax: 8.25%
  • Population Density: 2,033/sq mi
  • Population Change Since 2000: 270.95%
  • Closest Airport: Dallas Love Field
  • Closest College: University Of Texas At Dallas
  • Closest Jr. College: Collin County Comm Clg-preston Ridge
  • Median Household Income: $103,687
  • Annual Residential Turnover: 22.55%
  • Median Years in Residence: 2.73 yr
  • Median Home Sales Price: $265,786
  • Closest Major Sports Team: Fc Dallas
  • Change Avg. Household Income Since 2000: 30%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Frisco, TX
Median Age: 33.16 Married: 41% Number of Households: 42,876 Households with Children: 21,755
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Frisco, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Acker Special Programs Center 0.6 mi Public K-8 0 0
      Bright Elementary School 1.0 mi Public K-5 3-5 4
      Frisco High School 1.6 mi Public 9-12 4-5 4
      St Philips Episcopal Preschool 1.7 mi Private PRESCHOOL-K 0 0
      Spears Elementary School 1.9 mi Public K-5 5 4
      Christie Elementary School 1.9 mi Public K-5 4 4
      Early Childhood School 1.9 mi Public PRESCHOOL-PRESCHOOL 0 4
      Legacy Christian Academy 2.2 mi Private PRESCHOOL-12 0 4
      Leadership Prep School 2.3 mi Public K-4 5 4
      Frisco Trails Montessori 2.3 mi Private PRESCHOOL-K 0 0
      Starwood Montessori School 2.4 mi Private PRESCHOOL-8 0 0
      Allen Elementary School 2.5 mi Public K-5 5 4
      Shawnee Trail Elementary School 2.5 mi Public K-5 4-5 4
      Tadlock Elementary School 2.7 mi Public K-5 5 4
      Hunt Middle School 2.8 mi Public 6-8 5 5
      Gunstream Elementary School 2.8 mi Public K-5 4-5 4
      Wester Middle School 3.0 mi Public 6-8 5 4
      Clark Middle School 3.1 mi Public 6-8 5 3
      Primrose School Of Prestmont 3.2 mi Private PRESCHOOL-K 0 0
      Pioneer Heritage Middle School 3.2 mi Public 6-8 5 4
      Smith Elementary School 3.2 mi Public K-5 5 5
      Primrose School Of Lakehill 3.3 mi Private PRESCHOOL-K 0 0
      Tom Hicks Elementary School 3.3 mi Public K-5 4 4
      Sem Elementary School 3.3 mi Public K-5 5 5
      Bledsoe Elementary School 3.4 mi Public K-5 5 5
      Centennial High School 3.4 mi Public 9-12 4-5 4
      Sparks Elementary School 3.5 mi Public K-5 5 5
      Maus Middle School 3.6 mi Public 6-8 5 5
      Warren Montessori School 3.7 mi Private PRESCHOOL-3 0 0
      Curtsinger Elementary School 3.8 mi Public K-5 5 5
      Heritage High School 4.2 mi Public 9-12 4-5 5
      Independence High School 4.3 mi Public - 0 0
      Roach Middle School 4.5 mi Public 6-8 5 3
      Vandeventer Middle School 4.7 mi Public 6-8 0 0
      Ashley Elementary School 5.0 mi Public K-5 5 4
      Isbell Elementary School 5.1 mi Public K-5 5 4
      Liberty High School 5.3 mi Public 9-12 4-5 3
      Holy Cross Catholic School 5.4 mi Catholic K-3 0 0
      Hackberry Elementary School 5.8 mi Public PRESCHOOL-5 3 3
      Nichols Elementary 6,620.2 mi Public K-5 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Frisco, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.