Dallas Area Residential Sales Report for April – Plano, TX

Dallas Area Residential Sales Report for April – Plano, TX

As expected home sales in Plano took a dive. Down 18%. Pending sales declined 40%. The average sales price was up 3% while the median sales price fell 1%. New listings took a sharp decline of 45%. The active listings are now 32% lower that last April. Months of inventory now stands at 1.8 months. If you  a buyer competition for the best homes will be stiff and you should expect multiple offers. Yes, buyers have returned to the market!

Sales: 238

Average Sales Price: $410,779

Median Sales Price: $355,450

Pending Sales: 220

New Listings: 277

Active Listings: 487

Months of Inventory: 1.8

Information provided by The Real Estate Center

#RealEstatePlano #HomesForSalePlano

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