In 2024, the real estate markets of Frisco and McKinney, Texas, exhibited distinct trends, reflecting their unique growth trajectories and housing demands.
Frisco, TX:
Home Values: The average home value in Frisco reached $671,173, marking a 1.9% increase over the past year.
Market Activity: Homes in Frisco typically went pending in about 42 days, indicating a relatively brisk market pace.
Price Trends: The median listing home price was $699,000 in December 2024, reflecting a 2.2% decrease compared to the previous year.
McKinney, TX:
Home Values: McKinney's average home value stood at $506,685, experiencing a slight decrease of 0.1% over the past year.
Market Activity: Homes in McKinney typically went pending in around 44 days, suggesting a moderately active market.
Price Trends: In December 2024, the median listing home price in McKinney was $533,800, remaining stable year-over-year.
Comparative Insights:
Home Values: Frisco's average home values are higher than those in McKinney, indicating a more premium market segment.
Market Activity: Frisco's faster pace in pending sales suggests higher demand or more competitively priced listings compared to McKinney.
Price Stability: While Frisco experienced a slight decline in median listing prices, McKinney maintained stability, reflecting differing market dynamics.
These trends highlight the evolving real estate landscapes in both cities, influenced by factors such as economic growth, housing supply, and buyer preferences.
Call us at 469-269-6541 for more information about McKinney real estate!
About us: McKinney New Construction Expert Real Estate Agent
As a Top Real Estate Professional in McKinney, I understand the challenges that arise when buying a new construction home. There are over 100 builders in the DFW area. I work with most of the new home builders in McKinney and understand how various builders operate. I am familiar with the options they offer, current incentives and I frequently visit the upcoming communities they are building. I guide my clients through all steps of the new home construction process and aggressively protect their interests in the transaction.
As a holder of top real estate industry certifications and designations like CRS, ABR & GRI, I can offer my clients experience as a Buyer's Agent and REALTOR®, top Industry Customer Service, in-depth, up-to-the-minute and comprehensive market knowledge; honesty, integrity, dedication, and professionalism in my business.
Whether you are a first time buyer in McKinney looking to buy a home in Fields or whether you are relocating to McKinney from California or moving your entire family from areas like San Francisco, Fremont, Palo Alto, Los Angeles, San Diego in California due to job transfer with your company, I can help you find a new construction home in Fields in McKinney. Our relocation team eases the transition - whether you are moving across town or across the globe. We will work with you to find an area that best suits your professional, family and lifestyle needs. We have all the tools you need to help your home search. Whether it is video previews of homes, extended work hours, digital signatures for documents or more, we can make this process as comfortable as possible no matter where you are located.
What is most important to you in your new construction home in Fields in McKinney? Send us an email at info@NitinGuptaDFW.com or give us a call at (469) 269-6541 to schedule a no obligation consultation. We’ll give you honest advice about Fields community that you can use to help make your home buying decision.
