Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I have some exciting market updates to share with all you buyers and sellers out there in Plano, Texas.
Let’s start off with the Months Supply of Inventory. Currently, we have 1.94 months of inventory available, which is a +44.78% increase over the last year. What does this mean for you? Even with that large increase inventory remains very low.
Next up, we have the List to Sold Price percentage, which is sitting at a fantastic 98.9%. That means sellers are getting almost full asking price for their homes, making it a win-win for everyone involved.
And check this out – the median days on market is only 33 days. That’s right, homes are selling fast in Plano, Texas. So if you’re thinking about putting your home on the market, now is the time to do it.
And last but certainly not least, the median sold price in Plano is $525,000. With prices like these, it’s no wonder why people are flocking to this fantastic city.
So there you have it, folks. The Plano real estate market is hot, hot, hot! Whether you’re buying or selling, now is the time to make your move. If you have any questions or need help navigating the market, don’t hesitate to reach out to me. I’m here to help you every step of the way. Thanks for dropping in, and I’ll see you in the next update. Happy house hunting!