New Homes Sales Real Estate Market Report in Frisco TX
The New Homes Sales in Frisco TX is starting to see significant improvements than years’ past. There was a period where the new home construction almost came to a complete halt after the height of 2006 and 2007. Some new home builders completely stopped construction while others barely had much to build.
The foreclosures and short sales affected the new home sales in Frisco TX, while the cost of construction (lumber and labor) did not go down.
If you are looking to purchase a new home in Frisco TX, you should expect to pay over $275,000. The cost of land in Frisco TX no longer justify building the smaller homes with smaller square footage, hence most new home construction in Frisco TX are typically 2-story over 3,000 square feet.
Check out the number of new starts in Frisco TX by the month comparing 2010 to 2011:
New Homes Construction in Frisco TX includes communities:
- Newman Village
Upscale gated community off Legacy and Eldorado in north Frisco. Newman Village is very unique because of its architectural designed homes. Newman Village starts in the $500K and upwards. You can find Tudor, English, Spanish, Mediterranean, traditional, French, Victorian styled homes. Darling Homes and other custom builders build in Newman Village. - Park Place Estates
Park Place is one of the newest new home construction in 2011-2012. Homes in Park Place start in $500Ks. Builders include K.Hovnanian, Shaddock Homes, Dress Homes and Windsor Homes. The most unique feature about Park Place is its lot size. They are 80-foot wide lots. Not many communities in Frisco TX can new home buyers purchase homes with these lot sizes. - Stonewater Crossing
Stonewater Crossing is located at the edge of Frisco and Little Elm off FM 423. Stonewater Crossing is zoned for Frisco ISD – which is highly sought after by Frisco TX home buyers. Homes in Stonewater Crossing starts in the low $300Ks. - Hidden Cove
Hidden Cove Phase 1 was a big hit because of its affordability, great value and finish-outs like granite countertops, ceramic tile, etc.
- Cypress Creek
- Frisco Lakes
- Austin Ridge at Lone Star Ranch
- Villages at Willow Bay
- Latera
- Dominion at Panther Creek
- Panther Creek Estates
- Eldorado Crossings
- Sorano
- Village Lakes
- Wynngate
- Pearson Farms
- Grayhawk
- The Knolls of Frisco
- Traditions of Frisco
- Cobb Farm
- Shaddock Creek Estates
- Villages of Stonelake
- Richwoods
- Phillip Creek Ranch
- Chapel Creek
- Christie Ranch
- Christie Estates
- Lawler Park
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3:16 team REALTY is a locally-owned real estate company serving Frisco
TX and the surrounding cities. Find out
(214) 783-2210
info (at)
316RealEstate.com
Loreena Yeo is the broker of record of 