Dallas Area Residential Sales Report for November - Plano TX
Sales fell again in Plano. down 16%. Pending sales were a little better only off 6%. The average sales price rose 13% while the median sales price fell 1%. Had an abnormal sales pattern that caused these numbers. The number of new listings increased 9% while the number of active listings increased 31%. While that looks like a large increase and buyers would be happy with the increase, the months of inventory only rose to 2.5 months. That's still a low supply and Plano retains it's sellers market status.
Sales: 218
Average Sales Price: $478,904
Median Sales Price: $347,500
Pending Sales: 230
New Listings: 294
Active Listings: 685
Months of Inventory: 2.5
Information provided by The Real Estate Center
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