Market Conditions

Written by Posted On Tuesday, 14 August 2007 17:00

Frisco, Texas, a short drive from Dallas, is seeing an average asking price of $319,000 at this time, prompting local experts to call the area a strong market.

Average market time is short, at 75 days. And sellers can expect to receive around 98 percent of their asking price.

Prices are up 5.42 percent from July of 2006.

And with continued economic growth, the fast growing city -- most homes are 15 years or less in age due to an abundant supply of new construction -- is on track to have increased real estate demand for years to come.

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