Homes for Sale in Frisco Texas

Frisco TX is an affluent suburban region near the major metropolitan area of Dallas. Frisco TX is a notable city that has been dubbed "Tree City USA" for its exceptional landscaping and unique dedication to natural growth. The city is the 7th fastest growing suburb in the nation according to Forbes magazine and has been listed as one of the "Best Places to Live" by CNN and one of "America's 25 Best Places to Move" by Forbes. With these impressive credentials, it's not a surprise that homes for sale in Frisco Texas are highly desirable.

The suburb has a total population of 116,989, making it extraordinarily large and diverse for a suburban region. The area is very well-educated, with 62 percent of the residents holding a Bachelor's Degree or higher form of education. The median income for households within Frisco TX is $100,868, which is unusually high when compared to the rest of the nation and explains why houses for sale in Frisco TX have retained so much of their value. Frisco real estate overall has remained extremely consistent over the years and has been rising in value since the recession.

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Frisco has been a hot market due to the new construction that has been going on there for the last 5 years or more. Its easy access to the Dallas North Tollway, the Sam Rayburn Tollway and being close in to Plano makes it very attractive for home buyers.

However, average sales prices are also higher than in some of the surrounding cities in Collin County. In 2015 the average sale price in Frisco was $406,029 vs. $433,644 in 2016, a 6.8% increase. This is approximately the same increase for the entire county. Home sales jumped from 3,099 homes sold in 2015 to 3,219 homes in 2016. Most homes are selling between $399,000 to $749,000. Only about 7.4% of the homes in this area are selling below the 300k range and those are all resale homes. About 1.7% of the homes selling are in the million dollar plus range.

The lowest average sales price for new construction homes in 2016 was $486,738. Sellers of new construction homes are getting approximately 95% of the asking price. For all other home sales, sellers received anywhere from 98% to 100% of the asking price.

Those interested in homes for sale in Frisco Texas will find that the suburb offers many benefits that simply cannot be found anywhere else. The educational system is excellent, and there are many retail options ranging from affordable daily purchases to luxury goods. The leading employer is the Frisco Independent School District, but there are also many employment opportunities available in nearby Dallas. Dallas has an exceptionally strong economy and has been growing consistently despite the national recession. Homes for sale in Frisco Texas also come with some hidden benefits, such as access to the incredible Frisco Athletic Center, the Dr. Pepper Ballpark, the Toyota Stadium and the Superdrome.

If you are in the market for homes for sale in Frisco Texas, The DeBerry Real Estate Team will help you navigate these waters. With over 80 years combined experience, our team of Specialists has helped thousands of clients locate their ideal properties. Our competence has earned us respect in the industry. If you are ready to start your search for homes in Frisco, please contact us at 214-215-5106 for help. It would be a privilege to serve your buying and selling needs.

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Listing information last updated on June 27th, 2017 at 8:45pm CDT.