Plano TX Residential Sales Report for March
Well there certainly was not any slowdown of sales in Plano in March. Sales were up by 35%. The average sales price climbed 22% while the median sales price rose 16%, Pending sales increased 19% so we can anticipate next months sales number will be positive. New listings were up by 19% and active listings by 11%. while the increase in inventory was good for buyers, It only raised the months of inventory to 1.9 months. With 6 months being a balanced market, Plano is still way into a sellers market.
Sales: 363
Average Sales Price: $434,941
Median Sales Price: $360,000
Pending Sales: 361
New Listings: 467
Active Listings: 440
Months of Inventory: 1.9
Information provided by The Real Estate Center
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