Huge jump in prices!

Dallas Area Residential Sales Report for October – Plano, TX

Home sales in Plano shot up 28% compared to last October! Pending sales increased 25%. The average sales price rose 21% while the median sales price came in with q 13% rise. It looks like buyers were moving to higher priced prosperities. New listings were only down 1% but with all the sales and pending sales, the active listings fell 56% taking the months of inventory down to 1.1 months.

Sales: 353

Average Sales Price: $483,628

Median Sales Price: $395,000

Pending Sales: 317

New Listings: 321

Active Listings: 319

Months of Inventory: 1.1

Information Provided by The Real Estate Center

#mariesellsdallas #RealEstatePlano #HomesForSalePlano