Plano home buyers should recognize that the widening DOM gap is the clearest signal of where leverage sits. Homes carrying 43 days or more on the active list are increasingly likely candidates for negotiation. In the absence of buyer activity, sellers have to reduce their price - including 93 this week. But don't read that as permission to stall: 45 contracts went through this week, matching last week's pace, so well-priced listings are still getting claimed quickly. The opportunity is in targeting stale inventory now, not waiting for it to get cheaper.
Weekly Update
Plano Real Estate Market Update - July 24, 2026
Market Snapshot
Active & Under Contract
630 Active Listings
$558K Median Active Price
43 Median Active DOM
193 Pending Sales 45 new contracts this week
This Week's Activity
71 New Listings
11 Back on Market
93 Price Decreases
2 Price Increases
27 Cancelled & Expired
37 Closed / Sold
30-Year Fixed Rate 6.58%
Market Analysis
What the data says
Active inventory held flat at 630 listings this week, matching last week's total exactly. That stability wasn't for lack of new supply: 71 new listings hit the market, while 45 went under contract and 27 more cancelled or expired, absorbing nearly all of the inflow.
The 45 contracts this week mark the second straight week in the mid-40s, a steady clip that fits the mid-summer calendar. Buyers are locking in now, ahead of the point where summer gives way to the school calendar and the seasonal window narrows. The pending pipeline ticked up to 193, its first increase after five straight weekly declines, evidence that demand hasn't stalled even as the headline inventory count holds. Mortgage rates reached 6.58 percent, the highest level of 2026.
Price reductions confirm the same divide. 93 reductions this week, 14.8 percent of active inventory. The DOM gap explains why: active listings now carry a median of 43 days on market, while homes entering the pending pipeline still go under contract in a median of 24. That's a 19-day gap. The active pool isn't slowing because buyers stepped back; it's getting stale because sellers haven't repriced.
Plano home sellers need to understand that flat inventory is not the same as a slower market. 71 new listings arrived this week and were offset almost entirely by 45 new contracts and 27 cancellations or expirations, meaning demand is still absorbing supply in real time. But that absorption is selective: the median active listing is now sitting at 43 days, 19 days longer than what's going pending, and that gap is the direct result of pricing that hasn't caught up to where buyers are actually transacting. Correctly priced homes aren't waiting out the summer for relief.
The gap between active and pending days on market has widened for two straight weeks, a clear read on which listings are working and which aren't. If you want to know where your home or your search fits into that divide, let's talk through the data.
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Market data sourced from NTREIS and compiled via the Plano Market Data Archive.