Is Frisco, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Frisco has remained a Seller's Market.
Housing Prices in Frisco, CO
How much do homes in Frisco, CO cost?
Median Sold Price
$1,000,000
$793/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Frisco was $1,000,000 in March 2024, down 4.8% from last year, and the median price per square foot was $793.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $520K | $625K | +20.2% |
2 Bedrooms | $885K | $860K | -2.8% |
3 Bedrooms | $1.3M | $1.2M | -5.6% |
4 Bedrooms | $1.6M | $1.7M | +4.8% |
5+ Bedrooms | $1.8M | $2.3M | +23.5% |
Summary: Frisco housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 23.5%.
Housing Supply in Frisco, CO
How many homes are available in Frisco, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The Frisco real estate market had 24 homes for sale in March 2024, a 26.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 1 | 3 | +200.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Frisco housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Frisco in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Frisco, CO
How long does it take to sell a home in Frisco, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
89 Days | 63 Days | -29.5% |
Summary: Homes in Frisco had an average of 63 days on market in Mar 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Frisco; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.