Navigating the Real Estate Market in Parker Road Estates, Plano, TX: October 2025 Insights for Buyers and Sellers
As we step into the final quarter of 2025, the real estate landscape in Parker Road Estates, Plano, TX, presents unique opportunities and challenges for those looking to both buy and sell. With a balanced approach, you can efficiently navigate this dynamic market environment. Let’s delve into the current market trends and what they mean for your real estate journey.
Understanding the Market Dynamics
In October 2025, Parker Road Estates presents a balanced market with a 4.83-month supply of inventory. This figure suggests a relatively stable environment, neither heavily favoring buyers nor sellers. The inventory has increased by 3% over the last month and surged by 107% over the past year. This growth in inventory is crucial for clients managing simultaneous transactions, as it provides more options for purchasing while also increasing competition for selling.
Key Market Metrics
– New Listings: This month, there are 4 new listings with a median list price of $537,000. This suggests a healthy influx of properties to consider if you’re looking to buy, though the relatively low number of new listings means acting quickly is still vital.
– Active Listings: Currently, there are 14 active listings, with a median list price of $476,750. This gives sellers an opportunity to price competitively while also providing buyers with a range of options.
– Pending Listings: With 2 new pending listings, understanding the median list price and days on market for these properties will be crucial for timing your transactions effectively.
– Sold Listings: The median sold price stands at $395,000, with properties typically spending 6 days in the market. This quick turnover underscores the importance of strategic timing when entering the market on both the buying and selling sides.
Sold-to-List Price Ratio: Currently at 95.28%, this ratio indicates that sellers are receiving close to their asking prices, reflecting a robust demand. This is a critical factor for both pricing strategies when selling and offer strategies when buying.
Community Highlights
Parker Road Estates is not only about numbers; it’s a vibrant community with convenient access to major employers and transportation options. The area is home to scenic parks and offers easy access to Plano’s bustling downtown area, providing recreational and cultural opportunities for residents.
Looking Forward: Opportunities and Considerations
The current market conditions in Parker Road Estates offer a unique blend of opportunities for those buying and selling simultaneously. The increasing inventory and stable days on market create a conducive environment for making timely decisions. Buyers should benefit from broader choices, while sellers can still capitalize on a competitive market to achieve favorable outcomes.
Whether you are buying, selling, or doing both in Parker Road Estates, expert guidance can make all the difference. Connect with Marie Walton Realtor for personalized insights and strategies tailored to your unique real estate goals. Reach out via email at mariewalton@ebby.com to discuss how you can optimize your real estate transactions in this thriving market.
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