Plano home buyers benefit from a market where 53 new listings provided fresh selection this week, but the 42 closings confirm that well-priced inventory absorbs quickly. With rates stabilizing and early spring momentum building, buyers who have been waiting for a clear entry signal are seeing it now.
Weekly Update
Plano Real Estate Market Update - February 6, 2026
Market Snapshot
Active & Under Contract
408 Active Listings
$550K Median Active Price
50 Median Active DOM
148 Pending Sales
This Week's Activity
53 New Listings
12 Back on Market
25 Price Decreases
2 Price Increases
23 Cancelled & Expired
42 Closed / Sold
Market Analysis
What the data says
Plano's residential market opened February with 408 active listings, essentially flat from January's close, as weather whiplash from "Dallaska 2026" to unseasonably warm temperatures brought 53 new listings to market this week. That supply surge was met with robust closing activity of 42 transactions, confirming last week's prediction that end-of-month January contracts would close in early February.
Year-to-date closings now stand at 125 at a $492,500 median sold price with a 36-day median DOM—a transaction pace that puts Plano on track for a solid February despite the winter disruption. The 14 expirations this week (down from last week's elevated count) signal that some sellers are exiting the market rather than reducing price, while 9 cancellations suggest continued buyer caution on overpriced transactions. The net effect: inventory barely moved despite the active cycling of listings. That dynamic signals that spring demand patterns are arriving early, and those 14 expired listings may represent re-entry opportunities if sellers adjust expectations before relisting.
Plano home sellers need to understand that while overall inventory barely budged, the market is actively refreshing: 53 new listings, 42 closings, 14 expirations, and 9 cancellations mean nearly 120 properties cycled through various status changes this week—the real competition is with newly listed homes, not stale inventory.
For detailed zip-code level breakdowns and January's final transaction totals, we also released the January 2026 Market Update with the Plano Price Matrix today.
This week's 53 new listings and 42 closings signal early spring momentum—but 14 expirations also tell a cautionary tale. Whether you're evaluating purchase timing or pricing strategy, let's review what's moving versus what's sitting in your target neighborhoods.
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Market data sourced from NTREIS and compiled via the Plano Market Data Archive.