Weekly Update

Plano Real Estate Market Update - April 3, 2026

Market Snapshot
Active & Under Contract
420 Active Listings
$590K Median Active Price
35 Median Active DOM
262 Pending Sales
This Week's Activity
75 New Listings
22 Back on Market
40 Price Decreases
3 Price Increases
27 Cancelled & Expired
62 Closed / Sold
30-Year Fixed Rate 6.46%
Market Analysis

What the data says

The Plano residential market opened April with 420 active listings - up only 5 from last week - despite 75 new listings hitting the market, the highest single-week count of 2026. Supply absorption tells the real story. Buyer activity is largely keeping pace with new inventory, keeping inventory low by any reasonable measure. There were 464 homes available during Christmas week, a notoriously slow period. The market has processed a spring surge without meaningful accumulation. National mortgage rates edged up again to 6.46% - the fifth consecutive weekly increase - yet demand continues to show up.

The contract pipeline held at 262 properties, essentially flat from last week's 261, as 62 transactions closed and 75 new contracts were likely written to replenish it. March ended with 171 closings - the strongest month of 2026 - and the momentum appears to be carrying into April. Forty price reductions in one week against a backdrop of only 420 active listings tells you the market has a ceiling, but it isn't softening. It's sorting. The homes priced correctly are contracting at 23 days; everything else is accumulating days and waiting for sellers to adjust.

Year-over-year context: 415 active listings this time last year vs. 420 today - essentially identical - but 171 March closings vs. 168 in March of last year shows demand holding steady heading into spring.

For Buyers

Seventy-five new listings this week is the most selection buyers have seen all year. That gap between available options and competition level doesn't stay open long once April gets going. If you've been waiting for more options, they're here. Act accordingly.

For Sellers

Forty price reductions this week is the market drawing a clear line. Demand is real and absorption is strong, but buyers are writing contracts at 23 days on correctly priced homes and driving past everything else. Spring is working in your favor - but it isn't covering for overpricing

The March numbers are in and the full report drops next week. If you want the early read on what March closed at by price tier - or want to know where your home sits heading into peak spring - reach out.

More Plano Market Intel

Recent reports

Weekly

Plano Real Estate Market Update - May 8, 2026

Active inventory in Plano crossed 506 this week — the highest count of 2026 — as new listings outpaced new contracts nearly 2:1. Sixty-five price reductions hit the market in a single week, a pace that's outrunning inventory growth itself. The $68,500 gap between median active list price and median closed price tells the story: seller ambitions are running ahead of where buyers are transacting, and upper-tier inventory is accumulating. The seasonal supply peak is still ahead.

 Monthly

Spring Arrived. So Did the Buyers.

April closed with 223 sales — the first month of 2026 to beat the prior year, and the data point that flipped the YTD contract count into positive territory. Prices remain soft at a $530K median, but 75093 posted its strongest month of the year and inventory is building in ways that matter differently by price tier. Here's what the spring data actually shows.

 Previous Week

Plano Real Estate Market Update - March 27, 2026

Plano ended the week with 415 active listings at a $594,000 median - virtually unchanged from last week. But the flatness is the story.
Browse all Plano Market Intelligence

Market data sourced from NTREIS and compiled via the Plano Market Data Archive.