Dallas Area Residential Sales Report for April – Plano TX

Dallas Area Residential Sales Report for April – Plano TX

Buyers just keep on buying in Plano. April sales were up 6%. The average sales price rose 6% and the median sales p[rice increases 3%. Pending sales showed a healthy 9% gain. Looks like May will be another positive month.  The number of new listings climbed 7% and there was a 20% jump in the active listings. As in other areas, the increase in the percentage increase in the active listings is a little misleading and is caused by a very low number of homes on the market last April. The months of inventory now is at 2.1 months. 6 months is considered a balanced market.

Sales: 319

Average sales Price: $421,350

Median Sales Price: $356,750

Pending Sales: 376

New Listings: 491

Active Listings: 621

Months of Inventory: 2.1

Information Provided by The Real Estate Center

#mariesellsdallas #Plano #Planohomesales #realestate

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