Dallas Area Residential Sales Report for March – Plano, TX

Dallas Area Residential Sales Report for March – Plano, TX

Lots of negative numbers in this report. Homes sales fell 18%. Pending sales declined 3%. the average sales price dropped 6% and the median sales price was off by 1%. I almost ran out of verbs!

The number of new listings was flat. The number of active listings increased 30% but one has to remember that this is a comparison to last March when inventory was very low. The months of inventory only stands at 2.5 months and that is not much!

Sales: 614

Average Sales Price: $398,242

Median Sales Price: $344,500

Pending Sales: 786

New Listings: 1,051

Active Listings: 601

Months of Inventory: 2.5

Information provided by The Real Estate Center

#mariesellsdallas #PlanoTX #Planohomes #realestate #homesforsale #PlanoRealEstateAgent

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