Park Forest North Real Estate Trends: A Bold Look into October 2025
Navigating the real estate market as both a buyer and seller can feel like a high-wire act, especially in Park Forest North, Plano, TX. The latest data from October 2025 paints a complex picture for those taking on dual roles in the market, but understanding these trends can help you make informed decisions.
Inventory & Supply Dynamics
The current market is characterized by a tight inventory, with only a 2.82-month supply available. This represents a significant 41% drop in inventory over the last month and a 19% decrease over the past year. For those selling, this means a competitive environment where well-priced homes can attract significant attention. However, as a buyer, it suggests fewer options and the need for quick decision-making.
New and Active Listings
With only 2 new listings and 12 active listings, the market is not flooded with options. The median list price for active listings stands at $393,950, reflecting the competitive pricing strategy that sellers must adopt to stand out. As a dual-role participant, timing your sale and purchase will be crucial to ensure a seamless transition between properties.
Pending and Sold Listings Insights
Pending transactions, with 5 new entries at a median list price of $345,000 and a median of 56 days in RPR, indicate a steady interest from buyers. The median sold price is $347,250, marking a modest 2% increase from the previous month. Notably, the median days in RPR for sold listings have surged by 457% to 39 days, indicating a possible cooling in buyer urgency or extended negotiation periods.
The sold-to-list price ratio remains robust at 97.87%, suggesting sellers are still achieving close to their asking prices despite the slight 1% decrease from last month. For those navigating both sides of the transaction, understanding these price dynamics is key to pricing your home competitively while negotiating effectively on your next purchase.
Local Highlights and Forward-Looking Considerations
Park Forest North boasts proximity to key Plano attractions like the scenic Arbor Hills Nature Preserve and the bustling Shops at Legacy. With major employers nearby and excellent transportation links, the area remains a solid choice for many.
Looking ahead, the tight inventory and stable pricing suggest a market where sellers can capitalize on demand, while buyers must act decisively. Coordination will be essential to capitalize on opportunities without missing out on your next home.
For tailored guidance through this dynamic market, contact Marie Walton at Realtor. Whether buying, selling, or both, Marie can help you navigate the Park Forest North real estate landscape with confidence.
Ready to make your next move? Reach out today!
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