Dallas Area Residential Sales Report for February – Plano TX

Dallas Area Residential Sales Report for February – Plano TX

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Home sales in the Plano area were up a strong 20% during February. Pending sales shot up 30%. March should be a positive month. The average sales price fell 3% but the median sales price rose 2%. New listings increased 10%. However, with all the sales activity active listings declined 14% taking the months of inventory down to 1.8 months. Supply is tightening up making it harder for buyers to find that dream home.

If you are a buyer and are out on the internet looking for homes in the North Texas area, you need the best search engine. I recommend¬†Homesnap. Why? Because it pulls data directly from our MLS providing you with the most current information about homes that’s possible to get.

Sales: 232

Average Sales Price: $390,998

Median Sales Price: $347,500

Pending Sales: 293

New Listings: 330

Active Listings: 489

Months of Inventory: 1.8

Information provided by The Real Estate Center

#Plano #realestatePlano #homesforsalePlano

 

 

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