Dallas Area Residential Sales Report for March – Plano TX

Sales were only up 1% in Plano during March. The average sales price was flat and the median sales price rose 3%. Pending sales declined 7%. Sales and price increases have been slowing down for several months. The number of new listings dropped 2% while the active listings rose 19% as compares to last March. The months of inventory remains very low currently standing at 1.8 months. Demand is still there but buyers are having a difficult time finding an affordable home that fits their lifestyle.

Sales: 339

Average Sales Price: $434,150

Median Sales Price: $370,000

Pending Sales: 335

New Listings: 456

Active Listings: 524

Months of Inventory: 1.8

Information provided by The Real Estate Center

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