Dallas Area Residential Sales Report – Plano Condos and Town Homes

Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m bringing you a market update on condos and town homes for January 2025 in lovely Plano, Texas.

Let’s dive into the numbers, shall we? Currently, we have a 5.75 Months Supply of Inventory in Plano. That’s up by 112.18% over 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 it can impact pricing and competition in the market.

The Sold to List Price percentage is sitting at a solid 96.4%. This number gives us insight into how closed condos and town homes are selling to their asking price. It’s always good to see a healthy percentage like this!

Looking at the Median days on market, we’re seeing condos and town homes in Plano selling in about 67 days. This number can give you an idea of how quickly properties are moving off the market. It’s always a good indicator of market activity.

And finally, the Median Sold Price in Plano is $471,830. This number gives us a snapshot of the current market value of condos and town homes in the area. Keep in mind that this is just a median, so there’s a range of prices out there depending on location, size, and condition.

So there you have it, folks! A quick snapshot of the condo and town home Plano real estate market for January 2025. Whether you’re a Buyer or Seller, it’s always good to stay informed on the latest data. If you have any questions or are thinking about making a move, feel free to reach out to me. I’m here to help you every step of the way. Thanks for watching and happy house hunting!