Hey there, everyone! It’s Marie Walton here from Ebby Halliday REALTORS, bringing you your August 2024 market update on condos and town homes in Plano, Texas.
[ So, let’s dive right in. Currently, we have a 5.32 Months Supply of Inventory in Plano. That’s up 86.01% from the last 12 months. What does that mean for you as a buyer or seller? Well, it’s important to keep an eye on inventory levels as they can impact pricing and competition in the market. The market is slightly tilted to the sellers side.
The List to Sold Price percentage is sitting at 97.4%. This tells us that condos and town homes in Plano are selling close to their list price, which is great news for sellers. Buyers, you may need to be prepared to make competitive offers in order to secure your dream home.
The median days on market is 41, which means condos and town homes in Plano are moving quickly. If you’re selling, this could mean a quicker sale for you. And finally, the median sold price in Plano is $376,250.
So, whether you’re looking to buy or sell in Plano, now is a great time to make a move. If you have any questions or need assistance navigating the market, feel free to reach out to me at the phone number or email below.
Thanks for dropping in, and I’ll see you next time for another market update. Happy house hunting!
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Marie Sells Dallas 