
Hi there, I’m Marie Walton, a dedicated REALTOR® with Ebby Halliday, REALTORS. Thank you for joining me today for an exciting market update in our beloved city of Plano, Texas.
As we step into the autumn season, I’m thrilled to share some key insights into the current real estate market for both buyers and sellers. So, let’s dive right in!
To begin, let’s talk about the Months Supply of Inventory. Currently, we have a healthy 2.31 months supply of homes on the market. Over the last 12 months, we’ve seen a decrease of 2.12% in the Months Supply of Inventory, indicating a growing demand for homes in our vibrant community.
Now, let’s turn our attention to the List to Sold Price percentage. I’m thrilled to report that our market continues to be strong, with homes selling at an impressive 99% of their list price. This indicates that sellers are achieving their desired value, while buyers are securing their dream homes with confidence.
Time is of the essence! The median days on market in Plano is just 28 days. This tells us that homes are selling quickly, and buyers need to act swiftly to secure their desired properties. So, if you’re looking to buy, it’s crucial to be prepared and work closely with a professional REALTOR® like me to navigate the fast-paced market.
And finally, let’s discuss the Median Sold Price. Currently, the median sold price in Plano stands at $539,000. This demonstrates the value and desirability of our city, making it an attractive place for both buyers and sellers alike.
As we wrap up this market update, I want to emphasize the importance of working with a knowledgeable and experienced REALTOR® who can guide you through the intricacies of the Plano real estate market. Whether you’re looking to buy or sell, I’m here to provide you with the expertise and support you need to achieve your goals.
Thank you for tuning in today. If you have any questions or would like to explore the Plano real estate market further, please don’t hesitate to reach out to me. Remember, at Ebby Halliday, REALTORS, we’re dedicated to helping you make your real estate dreams a reality. Until next time, take care!
