Weekly Update

Plano Real Estate Market Update - January 16, 2026

Market Snapshot
Active & Under Contract
406 Active Listings
$540K Median Active Price
63 Median Active DOM
102 Pending Sales
This Week's Activity
51 New Listings
10 Back on Market
50 Price Decreases
3 Price Increases
16 Cancelled & Expired
17 Closed / Sold
Market Analysis

What the data says

We're halfway through the first month of the year, and Plano's residential market showed robust activity this week with 51 new listings entering inventory and 17 closings, keeping the active listing count steady at 406 homes. With 102 properties under contract, the pending-to-active ratio sits at 25%, indicating balanced market conditions as we move further into 2026.

Pricing dynamics reveal a reality check for sellers, as 50 homes reduced their asking prices last week, signaling competitive conditions. Year-over-year comparisons show we're off to a slow start—just 32 homes have closed in these first two weeks compared to 53 last year. Even with 67 of the under-contract properties having contracted before January 1st and likely to close this month, we're still tracking below last January's pace.

For Buyers

Plano home buyers can be excited about significant new inventory hitting the market, providing fresh choices, combined with mortgage rates inching down toward the 5% range.

For Sellers

Plano home sellers need to price competitively from day one—price decreases are still the norm and buyers tend to focus on newer, well-presented listings.

Curious how this week's pricing trends affect your home's value? Let's discuss your specific neighborhood's dynamics and create a data-driven strategy.