Weekly Update

Plano Real Estate Market Update - July 10, 2026

Market Snapshot
Active & Under Contract
624 Active Listings
$568K Median Active Price
37 Median Active DOM
190 Pending Sales 35 new contracts this week
This Week's Activity
68 New Listings
11 Back on Market
86 Price Decreases
2 Price Increases
18 Cancelled & Expired
49 Closed / Sold
30-Year Fixed Rate 6.49%
Market Analysis

What the data says

Active inventory climbed to 624 listings this week, the highest count of 2026, up from last week's 608. New listings ticked up, keeping supply arriving at a steady clip while the market absorbed less of it than it has in over a month.

The pending pipeline tells the more surprising story. Contracts in process fell to 190 properties, the lowest total in months and down from 226 as recently as mid-June. New contracts followed the same path, dropping to 35 this week, the slowest pace of the summer and a pullback from last week. The timing lines up: Plano just came off the Fourth of July holiday, and buyer activity historically cools in the week that follows as travel and family plans take priority over house hunting.

Eighty-six price reductions this week represent 13.8 percent of active inventory, easing slightly from last week's 15.1 percent but still elevated by 2026 standards. The DOM gap confirms the market hasn't lost its selectivity even in a slow week: homes reaching pending status did so at a median of 18 days, 19 days faster than the 37-day median for active listings. Correctly priced homes are still finding buyers quickly. What's accumulating in the active count is a mix of new supply and listings that missed on price the first time.

For Buyers

Plano home buyers should recognize that this week's inventory high, 624 active listings, is the widest selection they've had all year. With new contracts slowing to 35, the lowest pace of the summer, competition has eased. However, the 19-day gap between pending and active listings still shows fresh, correctly priced homes don’t last long.

For Sellers

Plano home sellers need to understand that inventory just hit its 2026 high, and their listing is now competing against more active competition than at any point this year. Eighty-six price reductions this week, 13.8 percent of active inventory, confirm that pricing mistakes are getting corrected quickly in a market with this much selection. The homes still moving are pricing to the 18-day pending median, not to where the market was in the spring.

Inventory just hit a 2026 high while the pipeline hit a months-long low, a combination worth understanding whether you're buying or selling in Plano right now. If you want to talk through what a mid-summer slowdown means for your personal timing, let's talk through the data.