Market Report for Grayhawk in Frisco, Texas . . . a stable & strong market in October 2007

Market Report for Grayhawk in Frisco, Texas . . . a stable & strong market in October 2007

Grayhawk

In October of 2007, the median price of a single-family Home for Sale in Grahawk was $236,400. The median price is the point where half of all houses are more expensive and half are cheaper. Median home prices are generally a better indicator of home price trends than mean, or average, home prices.

Sales volume in Grayhawk remains steady, with 5 home sales closed in the past month. Most sales activity is occurring in the price range of $200,000 to $225,000. Additionally, sellers are receiving an average of $86 per square foot and their homes are selling for 98% of list price.

The average time for a home on the market in Grayhawk is 47 days. Grayhawk in Frisco TX remains a strong & stable market with 64 homes for sale. All in all, Grayhawk is looking like a healthy market for both home buyers and home sellers.

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