Frisco, TX Home Sales in October 2010 were down compared to sales data from October 2009. October 2009 had 199 Frisco Homes sold and 2010 there were only 144 homes sold. 

The Average Days on market increased by about a week from September home sales. October 2010 home sales averaged 95 days on the market.

The Average price Per Sq foot stayed steady at $92 per square foot.

It is likely that home sales in Frisco will not increase over the next few months, but trends show it will pick back up in the winter months after Christmas. As for now, there are plenty of beautiful homes on the market and is a great time to buy for anyone looking to purchase a new home.  

Number of homes sold	144
Average Selling Price	$299,645
Selling Price Percent of Listing Price	97
Average Days on Market	95
Lowest Sale Price	$78,000
Highest Sale Price	$1,650,000
Average Sold Price per Square Foot	92

This information is provided by Crystal Ramsey with Halo Group Realty.  If you have questions regarding your mortgage or Real Estate options call Crystal at 214-566-1775 or visit http://www.crystalramsey.com/.

4605 Shadow Ridge Drive is another example of a Bank owned Foreclosure (REO) having a substantial price reduction in the Frisco market.  This home has been reduced $50,000.  Located in the prestigious, gated, and golf community in Stonebriar of Frisco, TX. This home is situated on an oversized corner lot with high ceilings, plantation shutters and crown moldings throughout. Also, this custom home features a large mud room with sink, and a side entry 2 car garage.  The master bedroom has a large walk-in shower plus a separate jetted tub.  The master bedroom also has a door leading out to a relaxing covered patio and lush backyard.  

 

If the bank will drop $50k in one day just how low will they go?  Call us and we will negotiate the best possible price for you.  TEAM DECELL has years of experience in dealing with REO properties, HUD homes and bank owned properties.  Feel free to view more value-priced homes on our website at www.teamdecell.com.

 

Also visit our Blogs:

http://frisco-homes-blog.com/

http://craigsrealestatelist.org/

Frisco, TX Home sales in February 2010 were down compared to sales data from February 2009. February is the first month of the last 9 where we did not see a month over month increase in Homes Sold in Frisco.  The bad weather we had in Frisco contributed to the lack lustre Frisco home sales, considering the snow and rain it was just and ugly month.  February 2009 had 163 Frisco Homes sold and 2010 there were only 128 homes sold. 

The Average Days on market dropped sharply to 79 to days which was not expected during the winter months.  Typically you may see an increase.

The Average price Per Sq foot move down slightly this month to $87.96, which is more in line with what it has been.   As I mentioned with the amount of severe weather we experienced in Frisco it’s hard to tell if this is an indication of anything. 

Number of homes sold	128
Average Selling Price	$249,641
Selling Price Percent of Listing Price	97
Average Days on Market	79
Lowest Sale Price	$57,000
Highest Sale Price	$922,000
Average Sold Price per Square Foot	$87.96

March and April will really tell us the true story. This information is provided by TEAM DECELL.  If you have questions regarding your mortgage or Real Estate options call them at 214-975-3210 or visit their website at www.teamdecell.com

6020 Pintail Ln is a beautiful custom home located in the esteemed, Starwood Subdivision of Frisco, TX.  As mentioned in the previous article regarding Frisco foreclosures this home has just been reduced by $54,000 to only $375,000. It is custom built, located in a guarded and gated Frisco community and comes equipped with a fabulous swimming pool in the backyard too! 

Banks are anxious to get this property and many other homes like it SOLD so that they are not on their books in the new year.  This is the right time to make aggressive offers to the banks!  Make sure that your agent does research on the number of foreclosures that have already taken place in the subdivision because that really determines if the home is a good value or not.  Many of our clients have purchased their dream homes in the last few months, plus obtained a lower interest rate than they previously had on their current home.  Timing and preparation are key components to winning your bid on these great real estate investments with many of the bank owned properties in Frisco, TX and surrounding cities!