Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I’m here today to give you a Condo and townhome market update for May 2024 in the wonderful city of Plano, Texas.

Let’s start with the numbers. Currently, we have a 4.19 Months Supply of Inventory in Plano. This is an increase of 66.93% over the last 12 months, indicating a slightly more competitive market for both buyers and sellers.

The List to Sold Price percentage in Plano is holding steady at 98.4%, showing that sellers are able to achieve close to their asking price in this market.

The median days on market in Plano is 31 days, meaning that homes are selling relatively quickly in this area.

And finally, the median sold price for homes in Plano is $382,500, which is a strong indicator of a healthy and stable market.

Whether you’re a buyer or a seller, these market statistics can help guide your decisions in the Plano real estate market. If you have any questions or are looking to buy or sell in Plano, feel free to reach out to me at Ebby Halliday REALTORS.

Thank you for dropping by and return for more market updates and tips from Ebby Halliday REALTORS. Happy hunting!