Dallas Area Residential Sales Report for June – Plano, TX

Buyers still paying over list price!

Closed sales dropped by 18.4% compared to last June. Pending sales fell 19.5%. The average sales price increased 21.7% while the median sales price came in up 23.6%. Buyers paid on average 105.5% above the original list price. Plano went against the trend and saw new listings fall 1.1%. active listings were down 13.6%. The months of inventory now stands at a very low 1.4%. Buyers are not finding much to choose from.

Sales: 307

Pending Sales: 219

Average Sales Price: $664,854

Median Sales Price: $590,000

Ratio of Sales Price to Original Sales Price: 105.5%

New Listings: 441

Active Listings: 368

Months of Inventory: 1.4 months

Information provided by The Real Estate Center