Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update on condos and town homes for October 2024 in Plano, Texas.
Let’s start with the numbers. Currently, there are 5.46 Months Supply of Inventory in Plano. Over the last 12 months, the Months Supply of Inventory has increased by 78.43%. This means that there are more conds and town homes available on the market compared to last year.
Moving on, the List to Sold Price percentage is at 95.9%, indicating that condos and town homes are selling close to their listing price. The Median days on market is 54, showing that homes are moving relatively quickly in the current market.
Lastly, the Median Sold Price in Plano is $440,000. This gives you an idea of the average price point for condos and town homes in the area.
It’s important to stay informed about the market trends, whether you’re looking to buy or sell a condo or town home. If you have any questions or need assistance navigating the real estate market in Plano, feel free to reach out to me.
Thanks for dropping in, and remember, I’m here to help you with all your real estate needs. Have a great day!
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Marie Sells Dallas 