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

Source Article