Plano Real Estate Market Update April 2018


Real Estate In Plano is a sellers’ market with low inventory of homes in Plano and a lot of buyer interest. There is a 2.87 months supply of inventory on the market in Plano on April 30, 2018.



Now is the Time to Sell!

The average market time for a Single Family Homes to sell in Plano last month was 72 days.
It took on average 27 days to sell Plano Condo, Townhouse or a Duplex.
The number of home sales in Plano from March 1, 2018 through March 31, 2018 was 19 units. That is 1% above the number of homes sold last month in Plano.

The average price per square foot in the area is now $87/Sq.Ft, which is 0% no change from last month.



In Plano there were 7 units sold in March in the price range between $95,000 – $135,789 with an average of 2.7 bedrooms and 1.5 bathrooms and average Square footage of 1,382SF.

In Plano there were 10 units sold in March in the price range between $135,790 – $253,288 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 2,029SF.

In Plano there were 2 units sold in March in the price range between $253,289 – $330,000 with an average of 4.5 bedrooms and 3.1 bathrooms and average Square footage of 3,743SF.

The low price range had the most activity. Homes up to $135,789 were on the market on average 49 days and sold an average of $121,828.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Plano. Search all Plano homes for Sale on propertyup.com If you are considering viewing Plano, you may want to do so now!

Plano
Feb 1, 2018 – Feb 28, 2018
Mar 1, 2018 – Mar 31, 2018
Month
February
March
Average Listing Price
$188,784
$188,938
Median Sales Price
$178,022
$176,578
Month supply of inventory
2.4
2.9
Market Time Detached
34 days
72 days
Market Time Attached
31 days
27 days
Inventory
90 properties
102 properties
Low price range
$139,900 – $158,961
$95,000 – $135,789
Low price range market time
21 days
49 days
Low price range units sold
3
7
Low price range bedrooms
2.7
2.7
Low price range bathrooms
1.4
1.5
Low price range approx sqft
1,241 SF
1,382 SF
Mid price range
$158,962 – $210,010
$135,790 – $253,288
Mid price range market time
38 days
39 days
Mid price range units sold
5
10
Mid price range bedrooms
3.4
3.3
Mid price range bathrooms
2.1
2
Mid price range approx sqft
1,710 SF
2,029 SF
High price range
$210,011 – $242,000
$253,289 – $330,000
High price range market time
55 days
187 days
High price range units sold
1
2
High price range bedrooms
5
4.5
High price range bathrooms
4
3.1
High price range approxsqft
3,356 SF
3,743 SF

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