Dallas Area Residential Sales Report for September – Plano, TX

Prices up. Supply remains very low.

Home sales tumbled  down by 11% in September. Pending sales dropped 15%. The average sales price increased 14% while the median sales price jumped a whopping 22% as buyers were forced into high price range properties. new listings were no help declining 5%. The number of active listings came in 40% lower than last September. The months of inventory now stands at 0.7 months.

Sales: 303

Average Sales Price: $534,153

Median Sales Price: $459,000

Pending Sales: 304

New Listings: 297

Active Listings: 199

Months of Inventory: 0.7 months

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