Weekly Update

Plano Real Estate Market Update - August 14, 2026

Market Snapshot
Active & Under Contract
605 Active Listings
$550K Median Active Price
44 Median Active DOM
199 Pending Sales 49 new contracts this week
This Week's Activity
64 New Listings
11 Back on Market
92 Price Decreases
3 Price Increases
20 Cancelled & Expired
36 Closed / Sold
30-Year Fixed Rate 6.67%
Market Analysis

What the data says

Active inventory fell to 605 listings this week, now four percent below it’s July peak. It's the third straight weekly decline, and the steepest single-week drop of the stretch. Fewer active listings means less competition among sellers and a modest nudge toward more urgency for buyers, though inventory would need to fall mucht further before that shift becomes forceful. Which side of that equation matters more to you, higher supply or preserved pricing, depends on whether you're buying or selling.

Forty nine new contracts were signed this week, consistent with recent weeks. That's a correction on last week's expectation that Plano ISD's return to school would suppress contract activity; it didn't. The pending pipeline reversed course too, climbing to 199 homes. New listings pulled back to 64, a total that lines up with the recent Fourth of July and Memorial Day holiday weeks

Ninety two price reductions were recorded against 605 active listings, 15.2 percent of inventory and consistent with the elevated band the market has held for weeks. The DOM gap narrowed to 15 days this week: homes in the pending pipeline went under contract at a median of 29 days, up from 25 last week, against 44 days for active listings. The market is still sorting; correctly priced homes are still finding buyers faster than the inventory accumulating behind them.

For Buyers

The DOM gap tells buyers where the leverage still sits: listings that are fresh and correctly priced are going under contract in under a month, while the active count is aging out at a 44 day median. Inventory's third straight weekly decline is worth watching, but at four percent below the July peak it hasn't yet reshaped the competitive landscape. The opportunity remains in selection, not in waiting on a shift that hasn't arrived yet.

For Sellers

Three consecutive weeks of falling inventory is easing the competition sellers are up against. That's a genuine tailwind, but it isn't a pass on pricing: 92 reductions this week, 15.2 percent of active inventory, confirms that homes priced above the market are still absorbing cuts. Correctly priced listings are the ones benefiting from the lighter field.

Inventory is trending in sellers' favor for the first time in months, and buyers are still transacting at a steady pace. If you're weighing what a tightening market means for your timing, let's talk through the data.

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