Dallas Area Residential Sales Report for August – Plano TX
Plano Sales took a hit in august as compared to last year at this time. Sales fell 16%. Pending sales were better only down 4%. The average sales price rose 9% while the median sales price climbed 3%.
New Listings actually fell 2% but the active listings rose 20%. again compared to last August. The months of inventory increased to 2.9 months. We are still well short of the 6 months considered a balanced market.
Average Sales Price: $414,259
Median Sales Price: $355,000
Pending Sales: 311
New Listings: 405
Active Listings: 835
Months of Inventory: 2.9
Information provided by The Real Estate Center
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