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By the Numbers

Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Plano, TX

MEDIAN SALES PRICE

$547,500

MEDIAN SALES PRICE

CLOSED SALES

229

CLOSED SALES

ACTIVE LISTINGS

857

ACTIVE LISTINGS

MONTHS INVENTORY

4.2

MONTHS INVENTORY

Plano, TX Real Estate Market Snapshot – May 2025

Latest Update: June 2025

📊 Key Highlights This Month:
• Median home price: $547,500 (▼ 0.5%)
• Homes spending 19 days on market (▲ 72.7%)
• Inventory up 82.7% with 857 homes for sale
• Sale-to-list price ratio: 97.6% (▼ 1.7%)
• Closed sales down 17.3% from last year

🏠 Prices Holding Steady Amid Surging Inventory

Plano's median sales price dipped slightly to $547,500 in May 2025, representing a modest 0.5% year-over-year decline. At $224 per square foot (▼ 2.2%), prices are stable overall, though buyers may have more negotiating room given current market conditions.

📈 Listings Surge While Buyer Demand Softens

Active inventory grew sharply to 857 homes, an increase of 82.7% year-over-year. Months of inventory rose to 4.2 months (▲ 82.6%), signaling a shift toward a more balanced market. Pending sales fell 14.2%, while closed sales dropped 17.3% to 229 homes, showing that buyer demand is cooling slightly in the face of rising supply.

⏱ Days on Market Increase as Buyers Take Time

Homes spent an average of 19 days on the market in May — up from just 11 days the previous year. The close-to-original list price ratio fell slightly to 97.6%, reflecting increased buyer leverage and negotiation.

What Sellers Need to Know

  • Stable pricing: Median price held at $547,500 despite softening demand.
  • Prepare for competition: Inventory has nearly doubled year-over-year.
  • Timing is key: Average days on market jumped to 19 — pricing and presentation matter more than ever.
  • Room for negotiation: Buyers are securing homes at 97.6% of list price.
  • Stand out with updates: Modern finishes, curb appeal, and move-in readiness can drive faster sales.

What Buyers Need to Know

  • Inventory is up: With 857 homes for sale, buyers have more options and flexibility.
  • Less urgency: Days on market are increasing, allowing time for careful consideration.
  • More negotiation power: Prices are slightly down, and sellers are more willing to deal.
  • Watch interest rates: Locking in favorable terms early can protect your monthly budget.
  • Explore older listings: Homes sitting longer may be open to price adjustments or concessions.

Source: MLS data via North Texas Real Estate Information Services (NTREIS), May 2025. Data deemed reliable but not guaranteed.

 

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Plano Real Estate Overview

Top Schools, Corporate Headquarters, and a Thriving Housing Market

About Plano, TX

Plano is one of North Texas’s most sought-after communities, offering a rare blend of economic strength, exceptional schools, and high livability. Located just north of Dallas, Plano has evolved into a powerhouse suburb—home to Fortune 500 companies, award-winning public schools, and a diverse population that continues to grow with each passing year.

With a strategic location near the Dallas North Tollway, US-75, and George Bush Turnpike, Plano provides direct access to major job centers in Dallas, Frisco, Richardson, and DFW Airport. Yet despite its growth and economic momentum, Plano has retained its suburban charm through well-planned neighborhoods, mature trees, top-rated parks, and community-centered design.

As the home of major corporate campuses like Toyota North America, JPMorgan Chase, Liberty Mutual, FedEx, and Frito-Lay, Plano attracts professionals from around the country—making it a popular choice for executives, relocating families, and long-term investors alike.

Homes for Sale in Plano, TX

Plano’s housing market is both established and diverse, offering something for nearly every type of buyer. Whether you're searching for a luxury estate with custom finishes, a low-maintenance townhome, or a charming single-family home in a tree-lined neighborhood, Plano has it all.

Popular housing types include:

  • Luxury homes and gated estates in prestigious areas like Willow Bend, Kings Ridge, and Whiffletree

  • Affordable single-family homes in well-maintained communities, perfect for first-time buyers or downsizers

  • Townhomes and modern condos near Legacy West, Shops at Legacy, and Downtown Plano, ideal for professionals who want walkability and lifestyle access

  • Custom-built homes on larger lots in central Plano neighborhoods like Canyon Creek and Hunters Glen

  • Move-in ready homes in top-rated school zones, many with recent upgrades and community amenities

With high demand and limited turnover in certain neighborhoods, well-priced homes in Plano tend to move quickly—especially in areas zoned to Plano ISD's top campuses.

Why Buyers and Sellers Choose Plano

Plano consistently ranks as one of the best places to live in the U.S., and it’s easy to understand why. The city pairs big-city opportunity with suburban livability, making it attractive to a wide spectrum of buyers—from young professionals and families to executives and retirees.

What makes Plano stand out:

  • Plano ISD is nationally recognized for academic excellence, with multiple Blue Ribbon Schools, IB programs, and STEM initiatives

  • The city offers over 4,300 acres of parkland, including Arbor Hills Nature Preserve, Oak Point Park, and miles of scenic trails and greenbelts

  • Legacy West and The Shops at Legacy provide world-class shopping, dining, and entertainment

  • Plano is a safe, well-maintained city with responsive city services and long-term infrastructure planning

  • Diverse housing options, from modern condos to sprawling estates, allow buyers to stay in Plano across multiple life stages

For sellers, Plano’s reputation, school zones, and year-round buyer demand create an environment of strong resale value—especially when paired with professional marketing and pricing strategies.

Your Plano Real Estate Experts

In a market as competitive and nuanced as Plano, experience and local knowledge are key. Cindy and Cory Dunnican, founders of The Dunnican Team at Coldwell Banker Apex, Realtors®, bring decades of experience helping clients navigate Plano’s ever-evolving housing landscape.

They know how to position a home for maximum exposure, identify hidden gems in a low-inventory market, and match buyers with the right home—whether it's near corporate campuses, within walking distance to parks, or zoned to top-performing schools.

Cindy and Cory provide faith-driven service, market insight, and a client-first approach that turns transactions into lasting relationships. Whether you're relocating to Plano, moving up into a luxury home, or selling a long-time residence, The Dunnican Team is here to guide you with professionalism, care, and proven results.

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