Frisco | July 2023

2023

HOME EDITION

COMMUNITY IMPACT IS PROUD TO SAY THANK YOU TO OUR SPONSOR

GOLD SPONSOR

Considering a move in 2023? With nearly 20 years serving your real estate needs in the growing North Texas Community, you won’t nd a better team to guide you through buying, selling or investing. Cheney Group provides a complete service package to get the most value out of your home beginning with building a strategy, design and staging team to prepare your home to look it’s best, top of the line marketing technique to get your home in front of the right buyers and support sta to eciently execute every detail. Extensive market knowledge allows the Cheney Group to pinpoint your home’s value, guide you through the oer process and achieve the best result. Call 214-550-8200 to discuss the 2023 real estate market.

REAL ESTATE DATA

COMPILED BY SAMANTHA DOUTY

2022-23 Frisco real estate market at a glance Frisco’s ZIP codes 75033, 75034, 75035 and 75036 saw increases in the average number of days homes were on the market. The same ZIP codes saw a decrease in the number of homes sold from June 2022-May 2023.

380

FRISCO

75033

75033 75034 75035 75036

75035

DNT TOLL

75036

75034

SRT TOLL

SOURCES: COLLIN COUNTY ASSOCIATION OF REALTORS, FREDDIE MACCOMMUNITY IMPACT

423

N

Average days on market

National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage

June 2021-May 2022

June 2022-May 2023

8%

6.48%

6%

75033

75034

75035

75036

Number of homes sold

June 2021-May 2022

June 2022-May 2023

3.72%

3.22%

4%

5.73%

2.65%

3.16%

2%

2.43%

2.16%

0 January 2020

January 2021

January 2022

January 2023

75033

75034

75035

75036

17

FRISCO EDITION • JULY 2023

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