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!
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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