Frisco | February 2023

REAL ESTATE

Snapshot of the market

MARKET DATA FOR DECEMBER

Featured neighborhood

HOMES SOLDAVERAGE DAYS ON THE MARKET 75033 75034

75035

75036

$900,000 +

-

5/25

20/49

3/45

380

FRISCO

75033

$800,000-$899,999

-

2/0

10/68

-

$700,000-$799,999

2/68

4/32

6/81

5/61

423

DNT TOLL

75035

$600,000-$699,999

-

3/47

14/34

3/30

$500,000-$599,999

2/27

1/41

9/33

5/43

75036

75034

$400,000-$499,999

3/49

5/16

15/46

6/21

SRT TOLL

$300,000-$399,999

1/10

2/112

4/40

1/4

COLBY FARRCOMMUNITY IMPACT THE FAIRWAYS Build-out years: 2000-10 HOA dues: $250/semiannual Amenities: pool, golf course, trails, playground, park Nearby attractions: The Trails of Frisco Golf Club, PGA Frisco, Frisco Square, Grand Park Schools: Purefoy Elementary School, Grin Middle School, Wakeland High School Property taxes: $0.4466 (Frisco); $0.21754 (Denton County); $1.2129 (Frisco ISD); $1.877 (total) # of homes for sale: 4 # of homes under contract: 1 # of homes sold within last year: 13 Square footage (low/high): 1,952-4,044 Home value (low/high): $412,600-$936,000 Median annual property taxes: $10,136 Median price per foot: $231.08 Median days on market: 7

N

$200,000-$299,999

-

-

-

1/13

Less than $199,999

-

-

-

-

NUMBER OF NEW LISTINGS 2021

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2021

2022

2022

75033

75034

75035

75036

$900,000 $850,000 $800,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $0

127 133

Frisco

+6.26%

+7.20%

+10.63%

171 135

Plano

+10.19%

McKinney 181 132

NUMBER OF HOMES UNDER CONTRACT 2021 2022

PERCENT OF ASKING PRICE RECEIVED WITH YEAROVERYEAR PERCENTAGEPOINT CHANGE

2021

2022

75033

75034

75035

75036

33 28 29 34 69 61 26 22

75033

105% 102% 99% 96% 93% 90% 0%

ELDORADO PKWY.

75034

423

7.6

75035

N

10.5

8.8

7.6

NEIGHBORHOOD DATA PROVIDED BY JEFF CHENEY, THE CHENEY GROUP 2145508200 JEFFCHENEYGROUP.COM

75036

MARKET DATA PROVIDED BY THE COLLIN COUNTY ASSOCIATION OF REALTORS, COURTESY OF NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, NTREIS TRENDS ©2023 SHOWINGTIME

Mortgage rates are stabilizing and we are seeing a shift of buyers coming back into the market. Homes that are priced correctly and marketing efficiently are moving quickly. The Cheney Group has been a leading real estate team in North Texas for 20 years. Ask us how we can help you reach your real estate goals.

Jeff Cheney, Owner Broker Associate (214) 550-8200 jeff@cheneygroup.com

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