Thursday, May 18, 2017

Plano TX Residential Sales Report for April

Plano TX Residential Sales Report for April
Plano Balloon Festival

Sales continue to be up up up in Plano! In April single-family sales rose 12% as compared to the same time last year. The average sales price increased 3% while the median sales price climbed 6%. Pending sales showed a slight 2% increase. The number of new listings jumped 22% and the active listings were up the same 22%. The months of inventory rose to a whopping 1.7 months. Still way short of the 6 months that is considered a balanced market.

Sales: 322
Average Sales Price: $396,925
Median Sales Price: $347,350
Pending Sales: 348
New Listings: 460
Active Listings: 516
Months of Inventory: 1.7

Information provided by the Real Estate Center

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