Homes for sale at all time low!

Dallas Area Residential Sales Report for January – Plano,TX

January saw a 9% increase in home sales compared to January 2019. Pending sales rose 3%. The average sales price came in with a 8% rise while the median sales price was up by 10%. Buyers are having to move up in price ranges to find that dream home. The number of new listings continues to decline down 18%. Active listings fell 77% taking the months of inventory to 0.3 months. In all my year sellinh homes, I have never seen supply so low!

Sales: 204

Average Sales Price: $472,377

Median Sales Price: $407,000

Pending Sales: 290

New Listings: 244

Active Listings: 102

Months of Inventory: 0.3

Information provided by The Real Estate Center

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