Dallas Area Residential Sales Report – Plano, Texas

Here’s a look at the single-family home market in Plano, TX, as of August 2025.

Overall, things are a lot different than they were a year or two ago. The market has definitely cooled down and is much more balanced. For a while, it felt like a seller’s market all the time, but now buyers have more leverage.

One of the biggest changes is how long it takes for a home to sell. On average, homes in Plano are now sitting on the market for about 43 days, which is a big jump from last year. This means sellers have to be more patient, and buyers have more time to look around and think things over before making an offer.

Another thing you’ll notice is that while some sources say prices are still creeping up slightly, others show a slight dip. The overall trend for the Dallas-Fort Worth area is a price correction, and Plano seems to be following that. You’re not seeing the huge price jumps we were used to. Also, fewer homes are selling for over the asking price, and many are even seeing a price drop. This is great news for buyers because it means you’re no longer in a frantic bidding war and have some room to negotiate.

On the positive side, even with the price adjustments, the number of homes being sold is up. This tells us there’s still a healthy demand and people are actively buying and selling, just at a more normal pace. There’s also been a big increase in the number of homes available for sale, which gives buyers more choices and a much-needed break from the tight inventory we’ve seen in the past.

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