Frisco TX Real Estate and Local Market Overview
Frisco, Texas is a 62.4 square mile suburb of Dallas that is growing swiftly, both in population and affluence. At an elevation of 774 feet, Frisco spans two counties, Denton and Collin; and the population as of 2012 was 127,087, which is an increase from 33,714 at the time of the previous census. It is actually Texas' 26th most populous city and, from 2000 to 2009, Frisco was the fastest-growing city in the entire United States, quadrupling in population over a 12-year period. In 2007, Frisco was named by Forbes magazine as the #7 fastest growing U.S. suburb. Also known as "Tree City USA", Frisco was honored with the National Arbor Day Foundation Growth Award for three consecutive years.
Highways and Commuting
Frisco is considered to be a bedroom community, as there are a great number of professionals living there who are working and commuting to the Dallas–Fort Worth Metroplex. Nearby major highways are the Dallas North Tollway, the Sam Rayburn Tollway or SH121, SH289 or Preston Road, and US380, making for an easy commute from Frisco to the Metroplex.
Frisco TX Real Estate and Local Market Overview
The real estate market in Frisco, TX abounds with both sprawling lush established ranch houses and sparkling new construction. The average price per square foot is $70, which is 11.4% less than last year. The median selling price of homes for sale in Frisco is $171,234. This price was based upon the sale of 8 homes and is 20% less than the previous year.
It's definitely a buyers' market in Frisco right now with a wealth of homes, ranging from new homes to resale properties, available on the Frisco TX real estate market. The average listing price for Frisco, Texas homes for sale is $415,831. Some of the most popular neighborhoods are: Grayhawk, The Trails, Starwood Village, the Villages At Willow Drive, and Heritage Lakes. The real estate prices in these popular neighborhoods range from around $249kK to $1M plus in the upscale Starwood Village.
Frisco Attractions
Local Frisco attractions for shopaholics include Stonebriar Centre, which was opened in 2000 and is a regional mall that houses 165 stores, and national chain furniture giant, IKEA, which opened in 2005. In addition, a wide range of retail stores, as well as every kind of restaurant, abounds along Preston Road.
Frisco is home to the Frisco Athletic Center, with an 18,000 square foot indoor aquatic area plus a 40,000 square foot outdoor aquatic area. Known by locals as the Rec Center or just FAC, this extensive center also offers exercise equipment and exercise classes. Frisco also has numerous sporting venues, including an NCAA Division/conference, NHL hockey team, a minor hockey league team, and a Minor League Baseball team. Frisco is also home to an outdoor velodrome aptly named the Superdrome.
All in all, Frisco is a beautiful place to live with excellent schools, lush tree-lined streets, beautiful upscale yet reasonably priced homes, and plenty of fun activities for people of all ages. At Estate Chase, we assist our clients in finding the exact Frisco home for sale they desire and match them with local experts in all facets of the real estate industry. We can help you find the very best real estate for your family in Frisco, TX or in a nearby Texas community. Please contact us today to get started.