Frisco | March 2023

REAL ESTATE

Snapshot of the market

MARKET DATA FOR JANUARY

Featured neighborhood

HOMES SOLDAVERAGE DAYS ON THE MARKET 75033 75034

75035

75036

$900,000 +

6/93

15/67

18/47

1/67

380

FRISCO

75033

$800,000-$899,999

4/103

2/66

6/92

2/42

$700,000-$799,999

7/127

3/55

4/105

2/38

423

DNT TOLL

75035

$600,000-$699,999

3/37

1/0

7/64

3/26

$500,000-$599,999

3/58

8/23

11/52

3/6

75036

75034

$400,000-$499,999

2/93

4/43

11/58

6/52

SRT TOLL

$300,000-$399,999

2/4

2/25

-

2/26

COLBY FARRCOMMUNITY IMPACT FRISCO HEIGHTS Build-out years: 2002-05 HOA dues: $200 semiannually Amenities: pool, playground, park Nearby attractions: Northeast Community Park, Warren Sports Complex, Stonebridge Ranch Golf Course Schools: Ashley Elementary School, Roach Middle School, Heritage High School Property taxes: $0.4466 (Frisco); $1.2129 (Frisco ISD); $0.15244 (Collin County); $0.08122 (Collin College); $1.8932 (total) Homes for sale: 4 Homes under contract: 2 Homes sold within the last year: 14 Square footage (low/high): 1,811-2,830 Home value (low/high): $435,000-$596,000 Median annual property taxes: $9,239 Median price per square foot: $244.43 Median days on the market: 15

N

$200,000-$299,999

-

1/11

-

-

Less than $199,999

-

-

-

-

NUMBER OF NEW LISTINGS 2022

MEDIAN PRICE OF HOMES SOLD WITH YEAROVERYEAR PERCENTAGE CHANGE

2022 2023

2023

75033

75034

75035

75036

$850,000 $800,000 $750,000 $700,000 $650,000 $600,000 $550,000 $500,000 $450,000 $400,000 $0

127 133

+11.83%

Frisco

+2.44%

+32.06%

171 135

Plano

McKinney 181 132

10.70%

NUMBER OF HOMES UNDER CONTRACT 2022 2023

PERCENT OF ASKING PRICE RECEIVED WITH YEAROVERYEAR PERCENTAGEPOINT CHANGE

2022 2023

75033

75034

75035

75036

29 36 33 52 58 111 42 35

75033

110% 106% 102% 98% 94% 90% 0%

75034

ELDORADO PKWY.

9.6

75035

N

4.9

8.5

9.1

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 marketed 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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FRISCO EDITION • MARCH 2023

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