Dallas Area Residential Sales Report for April - Plano TX
Buyers just keep on buying in Plano. April sales were up 6%. The average sales price rose 6% and the median sales p[rice increases 3%. Pending sales showed a healthy 9% gain. Looks like May will be another positive month. The number of new listings climbed 7% and there was a 20% jump in the active listings. As in other areas, the increase in the percentage increase in the active listings is a little misleading and is caused by a very low number of homes on the market last April. The months of inventory now is at 2.1 months. 6 months is considered a balanced market.
Sales: 319
Average sales Price: $421,350
Median Sales Price: $356,750
Pending Sales: 376
New Listings: 491
Active Listings: 621
Months of Inventory: 2.1
Information Provided by The Real Estate Center
#mariesellsdallas #Plano #Planohomesales #realestate
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