Frisco Home Values

For the third consecutive month, homes in Frisco closed faster than the trailing-year pace, with the typical contract-to-close stretch narrowing to about 25 days — down from 27 in June and 30 in May, well ahead of the 37-day median recorded over the past year. Based on MLS data for July 2026 closings in Frisco, price per square foot held near $235, essentially flat against last quarter, while the median closed price came in around $680K. Sellers gave back roughly two cents on the dollar from list, with concession activity holding near 46% of transactions and average concessions easing slightly to about $8,000.

Frisco's pipeline tells a different story than the closing table. Pending contracts fell sharply over the quarter — down to roughly 200 from near 385 in the prior period — even as new listings held close to prior pace and active inventory ticked modestly higher to around 1,570 homes. Months of supply eased further to about six and a half months, continuing a contraction that began earlier in the year, but the sharp pullback in pending activity suggests the recent pickup in closing speed may not carry into the coming months.

A surge in closings — nearly 665 in the latest three-month window — gives Frisco's price signals unusually firm footing for a mid-year read. Based on MLS data for June 2026 closings in Frisco, price per square foot held at $237, unchanged from the prior quarter, while the median closed price came in near $685K. Homes that reached the closing table did so in roughly 27 days — a notably faster pace than the 37-day median recorded over the trailing year. Sellers gave back just over two cents on the dollar from list, with concession participation holding near 46% of transactions and average concessions near $8,300.

Frisco's pipeline points toward improving absorption. Months of supply contracted from near 7.9 to roughly 6.7 over the quarter, the clearest directional signal in recent months, though supply conditions remain elevated above the balanced-market threshold. Active listings edged up to around 1,475 while pending contracts came in near 385 — a pending-to-active ratio that still favors buyers, but less sharply than the prior quarter suggested. New listings ran near 1,490 over the window, roughly matching active inventory turnover and keeping supply from expanding further.

Price per square foot in Frisco settled near $237 in the most recent three-month window — a premium roughly 20% above the Collin County composite. Based on MLS data for May 2026 closings in Frisco, the typical home spent 30 days under contract before closing, meaningfully shorter than the 37-day pace recorded over the trailing year. The median closed price came in near $675K, about 2.2% softer year-over-year, with sellers giving back just over two cents on the dollar from list. Roughly 45% of the 535 transactions included concessions averaging near $9,100, while fewer than 1% of closings cleared above list price.

Supply conditions in Frisco remain elevated, with months of supply running near 7.9 — above the threshold that typically signals buyer-favorable conditions. Active listings have held steady around 1,400 homes, while pending contracts have compressed to roughly 420, suggesting the pace of new commitments has slowed relative to the broader listing pool. New listings entered the market at about 1,390 over the same window. The pending-to-active ratio directionally suggests that buyer absorption is running below the volume of available homes, keeping upward pressure on supply duration.