Dallas Area Residential Sales Report for May – Plano TX

Plano managed to eke out a 1% gain in home sales compared to last May. Pending sales fell 5%. not a good sign for June Sales. The average sales price rose 4% while the median sales price came in flat.  New listings dropped 7%. Active listings increased 7% again as compared to last May. The months of inventory is half way to a balanced market at 3 months.

Sales: 376

Average Sales Price: $425,047

Median Sales Price: $369,950

Pending Sales: 381

New Listings: 545

Active Listings: 814

Months of Inventory: 3

Information provided by The Real Estate Center

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