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Frisco Real Estate Market Update
Latest Update: May 8, 2025
📊 Key Highlights This Month:
• Median price up 2.9% to $715,000
• Inventory up 66.6% YoY with 823 active listings
• Homes taking 77 days to close — 18 days longer than April 2024
🏠 Home Prices: Continued Upward Momentum
The median home price in Frisco rose to $715,000 in April 2025 — a 2.9% increase year-over-year. Despite the market slowdown in other areas, Frisco remains a highly sought-after suburb, supporting strong price growth amid rising supply.
📈 Listings Surge, Sales Ease
Active listings grew to 823 (▲ 66.6% YoY), while closed sales fell to 187 (▼ 10.5%). Months of inventory climbed to 4.5, signaling more buyer flexibility and a shift toward market equilibrium.
⏱ Longer Transaction Timelines
Days on Market: 43 (up 17 days YoY)
Days to Close: 34 (up 1 day)
Total Transaction Time: 77 days (up 18 days YoY)
Additional stats: Median price per square foot: $247.85 (▼ 1.0%)
Median home size: 3,033 sq ft
Median year built: 2006
Close-to-original list price ratio: 96.9%
What Sellers Need to Know
- ✅ Prices remain strong: Median home price is up nearly 3% — a solid position in today's market.
- ✅ Inventory has spiked: With 823 listings, buyers have more choices — pricing competitively is crucial.
- ✅ Allow more time: Plan for an average of 77 days from list to close.
- ✅ Negotiations are happening: Homes are closing at 96.9% of original list price.
- ✅ High expectations from buyers: With a median build year of 2006, condition and updates can make or break a deal.
What Buyers Need to Know
- ✅ Inventory is up significantly: More listings = more options and less bidding pressure.
- ✅ Value per square foot improved: Slight decrease in $/sq ft while prices climb = more space for your money.
- ✅ Take time, but be ready: Homes are staying on the market longer — use this time to shop smart.
- ✅ Higher-end market: With a $715K median, many homes are in the luxury or executive segment.
- ✅ Modern features abound: With a median home size over 3,000 sq ft, expect updated layouts and newer construction.
📍 Market Updates by City
Click your city to explore local market trends, including pricing shifts, inventory changes, and what it means for buyers and sellers.
© 2025 Texas REALTORS® – Data used in this report come from the Texas REALTOR® Data Relevance Project, a partnership among Texas REALTORS® and local REALTOR® associations throughout the state. Analysis provided through a research agreement with the Real Estate Center at Texas A&M University.
