
The surge in town home sales in Plano, TX in May was driven by factors such as a 10% increase in average selling price due to low inventory and high demand in prime locations. This competitive market has created urgency for buyers to act fast to secure their desired property. Plano’s popularity as a destination for homebuyers seeking urban amenities and suburban tranquility has grown due to remote work opportunities and a growing population, leading to increased competition and higher prices for town homes in the area. Buyers should be prepared to act quickly and make competitive offers to secure a town home in Plano, and working with a knowledgeable real estate agent familiar with the local market can help navigate the competitive landscape and increase chances of finding a dream home in this bustling market.
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