The Plano market remains in demand as buyers snap op properties
Dallas Area Residential Sales Report for August – Plano TX
Home Sales rose 43% compared to lasts August. Pending sales came in with a 42% increase. Looks like we are set up for a positive September. The average sale price climber 7% while the median sale price saw a 5% rise. New listings fell 13%. Active listings were off 56% taking the months of inventory down to 1.4 months. Buyers going forward are going to have a hard time finding that dream home and can expect stiff competition from other buyers for the best homes.
Sales: 377
Average Sales Price: $455,949
Median Sales Price: $390,000
Pending Sales: 400
New Listings: 367
Active Listings: 382
Months of Inventory: 1.4
Information Provided by The Real Estate Center
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