Frisco Housing Market Update – March 2025
The Frisco, Texas, real estate market has undergone notable changes as we enter March 2025. While home values remain steady, shifts in inventory and market activity provide key insights for buyers and sellers.
Current Market Overview
Median Sale Price: $627,500 (down 3.5% month-over-month)
Median Days on Market: 68 days (up 3.0% month-over-month)
Active Listings: 655 (down 2.4% month-over-month)
New Listings: 276 (up 6.6% month-over-month)
Property Values and Sales Trends
Median Estimated Home Value: $707,110 (unchanged month-over-month, up 2.0% year-over-year)
Median Listing Home Price: $712,500 (up 6.5% month-over-month)
Median Price per Square Foot: $257 (up 2.4% month-over-month)
Market Insights
The Frisco housing market remains competitive, but the median sale price has declined by 3.5% month-over-month, signaling a possible shift in pricing trends. However, the median estimated home value remained steady, indicating that long-term market strength persists.
Inventory has tightened, with active listings decreasing by 2.4%, which may create more competition for buyers. Meanwhile, homes are taking slightly longer to sell, with the median days on market increasing by 3.0% to 68 days, suggesting a moderation in buyer demand.
The months of inventory currently stand at 3.98, down 2.21% from the previous month. While Frisco remains a seller’s market, the reduction in active listings and increase in price per square foot indicate that demand is still holding strong.
Key Takeaways for Buyers and Sellers
For Sellers: Home values remain strong, and with inventory decreasing, demand may continue to support pricing. However, longer selling times mean pricing competitively is essential.
For Buyers: While fewer active listings may limit options, rising price per square foot suggests continued competition for desirable homes. Buyers should be prepared to act quickly.
Frisco’s housing market continues to evolve, and both buyers and sellers should stay informed on market trends. Working with an experienced real estate professional can help navigate these changes effectively.
