Dallas Area Residential Sales Report – Plano, Texas

Navigating the Plano, Texas Real Estate Market: Insights for Buyers and Sellers

As of October 2025, the real estate market in Plano, Texas, presents a dynamic landscape for those looking to both buy and sell property. Understanding current trends is crucial for buyers and sellers who are navigating both sides of a transaction simultaneously. With its blend of urban convenience and suburban charm, Plano is home to major employers, an array of parks, and a vibrant downtown area. This article will delve into the latest housing data, offering insights that can help you make informed decisions.

Current Market Overview

Plano’s real estate market is characterized by a moderate inventory level and relatively stable pricing. Currently, there is a 3.56-month supply of inventory, indicating a somewhat balanced market but leaning slightly towards sellers. Over the past month, inventory has decreased by 6%, while the past year has seen a 13% increase in inventory levels. This trend suggests an ongoing demand and a competitive atmosphere for buyers.

Listings and Pricing Trends

In October, there were 264 new listings, with a median list price of $549,450. Active listings stand at 683, with a median price of $555,000. These figures provide a snapshot of the current pricing landscape and suggest that sellers can expect competitive offers, though buyers should remain vigilant and act swiftly.

For pending listings, the median list price is $524,999, and properties are spending a median of 34 days in the RPR system before going pending. This indicates that homes are moving relatively quickly, a key consideration for those coordinating the timing of both a purchase and a sale.

Sales and Closing Insights

The median sold price for homes in Plano is $507,500, reflecting a slight month-over-month decrease of 3%. Homes typically sell in 35 days, with a sold-to-list price ratio holding steady at 97.33%. These metrics suggest that while buyers may have a bit more negotiation power than in previous months, sellers can still achieve close to their asking price with properly positioned properties.

Local Highlights and Future Considerations

Plano offers numerous attractions and amenities, such as the scenic Arbor Hills Nature Preserve and the bustling Shops at Legacy. The city is also a hub for major corporations, enhancing its appeal for both residential living and employment opportunities.

Looking ahead, the current market conditions in Plano present both challenges and opportunities for those buying and selling concurrently. The slight decrease in the median sold price and the steady demand reflected in the days on market suggest that with strategic planning, clients can successfully navigate the timing and logistics of their transactions.

For personalized advice and a deeper analysis of how these trends could impact your specific situation, connect with Marie Walton, Realtor. With expertise in the Plano market, Marie is well-equipped to guide you through every step of your property journey.

Reach out to Marie Walton at mariewalton@ebby.com to explore your options and secure your next move in the Plano, Texas real estate market.