Weekly Update

Plano Real Estate Market Update - July 17, 2026

Market Snapshot
Active & Under Contract
630 Active Listings
$560K Median Active Price
39 Median Active DOM
189 Pending Sales 44 new contracts this week
This Week's Activity
86 New Listings
10 Back on Market
104 Price Decreases
2 Price Increases
28 Cancelled & Expired
47 Closed / Sold
30-Year Fixed Rate 6.55%
Market Analysis

What the data says

Active inventory inched up to 630 listings this week, continuing the steady rise since early March. Eighty-six new listings and 47 closings kept the market moving, but new supply is arriving faster than the market is absorbing it. Last year, Plano's inventory cycle peaked around this point on the calendar before receding into fall; if that pattern holds, this week's total is testing that seasonal ceiling.

The pending pipeline fell to 189, the fifth straight weekly decline and the lowest total since early June's 226 peak. New contracts rebounded to 44 after last week's 35, evidence that buyers are still transacting, just at the unhurried pace that typically defines July. Mortgage rates also hit their highest level this year at 6.55 though financing conditions aren't the primary driver of the slower pipeline.

Price reductions confirm the sorting. The 104 reductions this week, one in six sellers, mark the highest ratio of recent months. The DOM gap reinforces the same read: homes going pending carried a median of 24 days on market, 15 days faster than the 39-day median for the active pool. Fresh, correctly priced listings are still finding buyers quickly. What's accumulating in the growing active count is inventory the market has already passed on once.

For Buyers

With 104 price reductions this week, buyers can anticipate room to negotiate on active listings still carrying an original price. The homes that are moving are moving quickly , a 24-day pending median versus 39 for the broader active pool, so the opportunity isn't in waiting for more cuts. It's in identifying which of this week's reduced listings are now priced right for you.

For Sellers

Each week inventory is rising, which means competition for buyer attention is at the highest level of 2026. Sellers whose homes have been sitting aren't wrong to feel the market has slowed, but the 44 new contracts this week confirm buyers are still writing offers. The homes getting those offers are priced at or near where the pipeline is already transacting. Correctly priced listings aren't waiting out the summer for a fall reset.

Inventory is testing last year's seasonal high while the pipeline thins for a fifth straight week, a combination worth watching as we head into the back half of July. If you're trying to figure out where your home or your search fits into that shift, let's talk through the data.

More Plano Market Intel

Recent reports

Monthly

The Portals Said Correction. May Set a Record.

May closed with a $589,500 median — Plano’s highest single-month figure on record — while national outlets were still writing the correction story. The YTD sales gap continues to narrow, 75093 posted its strongest volume month in years, and the market is stratifying in ways that citywide averages can’t capture. Here’s what the data actually shows.

 Previous Week

Plano Real Estate Market Update - July 10, 2026

Plano's active inventory climbed to 624 listings this week, the highest count of 2026, as new contracts slowed to just 35, the softest week of the summer. The pending pipeline fell to 190 properties, the lowest total in months, reflecting a typical post-Fourth of July lull in buyer activity. Eighty-six price reductions, 13.8 percent of active inventory, show the market is still sorting even in a slow week: homes reaching pending status did so 19 days faster than the active median. The question now is whether buyer activity rebounds as summer continues.
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Market data sourced from NTREIS and compiled via the Plano Market Data Archive.