Plano TX Residential Sales Report for July
Plano remains in high demand.
Plano sales in July were up 7%. The average sales price rose 12% while the median sales price increased 11% as compared to the same time last year. Pending sales declined 5%. Would not read anything into that number. The new listings fell 2% but the active listings rose 22%. The months of inventory now stands at 2.5 months. 6 months is considered a balanced market so we are still very tilted to the sellers side.
Sales: 362
Average Sales Price: $406,614
Median Sales Price: $354,250
Pending Sales: 354
New Listings: 482
Active Listings: 763
Months of Inventory: 2.5
Information provided by The Real Estate Center
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