Dallas Area Residential Sales Report for August – Plano, TX
Inventory down. Sales down. prices up.
Homes sales fell 5% in Plano compared to last August. Pending sales were off by 20%. The average sales price jumped up 20% and the median sales price showed a 18% rise. New listings came in down 8%. Active listing dropped by 42%. The months of inventory now stands at 0.7 months.
Average Sales Price: $545,108
Median Sales Price: $461,750
Pending Sales: 345
New Listings: 336
Active Listings: 220
Months of Inventory: 0.7
Information provided by The Texas Real Estate Center
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