Dallas Area Residential Sales Report for May - Plano TX
Plano managed to eke out a 1% gain in home sales compared to last May. Pending sales fell 5%. not a good sign for June Sales. The average sales price rose 4% while the median sales price came in flat. New listings dropped 7%. Active listings increased 7% again as compared to last May. The months of inventory is half way to a balanced market at 3 months.
Sales: 376
Average Sales Price: $425,047
Median Sales Price: $369,950
Pending Sales: 381
New Listings: 545
Active Listings: 814
Months of Inventory: 3
Information provided by The Real Estate Center
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