Weekly Update

Plano Real Estate Market Update - February 20, 2026

Market Snapshot
Active & Under Contract
425 Active Listings
$570K Median Active Price
39 Median Active DOM
180 Pending Sales
This Week's Activity
66 New Listings
14 Back on Market
39 Price Decreases
3 Price Increases
12 Cancelled & Expired
27 Closed / Sold
Market Analysis

What the data says

Plano's residential market closed out February's third week with 425 active listings at a $570,000 median price—both trending upward from last week's 415 and $550,000—as 66 new listings entered the market, the highest single-week count since October 2025. This supply surge comes at a pivotal moment: mortgage rates hit a three-year low this week, fundamentally shifting the buyer calculus for anyone who has been sitting on the sidelines.

The contract pipeline at 180 properties represents a 25% increase over the January baseline and confirms that buyers are responding to the financing opportunity in real time. Year-to-date closings stand at 194 at a $497,865 median sold price—a 17% discount to the current median list price of $570,000, a gap that reflects both price tier mix and the ongoing negotiating room in upper price ranges.

The 39 price reductions this week continue the pattern of sellers adjusting to current buyer expectations, while the 3 price increases signal that correctly positioned homes are seeing competitive interest.

For Buyers

Plano home buyers are facing their moment of truth—mortgage rates at three-year lows won't last indefinitely, and the 180-property contract pipeline proves serious buyers are already moving. With 66 new listings providing genuine selection, the combination of improved financing and motivated sellers creates a narrow window before spring competition intensifies.

For Sellers

Plano home sellers are seeing both opportunity and caution: 180 pending contracts confirm buyer demand is real, but median DOM increasing to 39 days means pricing discipline matters more than ever. As our best time to list your house analysis shows, we're approaching—but haven't yet entered—the peak spring window, making February's final week critical for sellers wanting to capture early buyers ahead of March's inventory surge.

Mortgage rates just hit a three-year low and Plano's contract pipeline stands at 180 properties. Whether you're a buyer ready to lock in financing or a seller positioning for the spring surge, timing matters—let's review your strategy now.

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 - February 13, 2026

Total Closed Sales: 168 Plano's residential market reached the halfway point of February with 415 active listings—a modest uptick from last week's 408—as 55 new listings entered the market against 46 closings, the second consecutive week of strong closing activity.
Browse all Plano Market Intelligence

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