Weekly Update

Plano Real Estate Market Update - July 3, 2026

Market Snapshot
Active & Under Contract
608 Active Listings
$570K Median Active Price
38 Median Active DOM
203 Pending Sales 48 new contracts this week
This Week's Activity
63 New Listings
15 Back on Market
92 Price Decreases
2 Price Increases
31 Cancelled & Expired
57 Closed / Sold
30-Year Fixed Rate 6.43%
Market Analysis

What the data says

Happy Fourth of July.

Plano heads into the holiday weekend with active inventory flat at 608 listings, unchanged from last week's 2026 high. New listings pulled back to 63, the smallest in weeks, which is common on holiday weeks.

The pending pipeline slipped to 203 properties, a 4.7 percent pullback. New contracts held steady at 48, squarely within the ange Plano has held since late May; buyer commitment didn't take a holiday even if new supply did. Fifty-seven homes closed this week, a strong closing for June. Mortgage rates eased slightly to 6.43 percent.

Ninety-two price reductions this week represent 15 percent of active inventory, the number of any week this year. With the mid-point of 2026 now behind us, frustrated sellers are resetting their expectations. The DOM gap sharpens the picture: homes in the pending pipeline went under contract at a median of 21 days, 17 days faster than the 38-day median for active listings. The market is sorting. Correctly priced, fresh inventory is converting quickly, while the bulk of the active count, much of it carrying multiple price cuts, is absorbing this week's wave of reductions.

This week’s soft market is in contrast to very strong June closed sale stats, publishing next week in the monthly report. In the meaning, have a great holiday weekend!

For Buyers

Plano home buyers should recognize that Sellers are easing off ahead of the Fourth, not pulling back for good. The 21-day median for homes under contract shows exactly where the opportunity sits: fresh, correctly priced listings are moving fast, and 608 active listings still means real selection for buyers willing to act on the right ones.

For Sellers

Plano home sellers need to understand that flat inventory this week doesn't erase the pricing pressure building underneath it. Ninety-two reductions, 15.1 percent of active inventory, mark the highest share in six weeks, and the 17-day gap between pending and active days on market confirms which listings are converting and which are stalling. Correctly priced homes are still selling in about three weeks. Overpriced ones are adding to an already elevated active count.

Inventory paused for the holiday, but the pricing sorting didn't. Ninety-two reductions this week made that clear. If you're weighing your timing as a buyer or a seller, or want a preview of what June's closing data means for your situation, let's talk through the numbers.

More Plano Market Intel

Recent reports

Weekly

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.

 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 - June 26, 2026

Active inventory reached 608 this week, the highest count of 2026, as the supply build continues but at a slowing pace. The pending pipeline held at 213 with 42 new contracts written, consistent with a market where demand is present but selective. The clearest signal: 85 price reductions in a single week, a 1:1 ratio with new listings, and nearly half the active listings have reduced their price at least once. This is the last weekly report of June; the full monthly picture follows next week.
Browse all Plano Market Intelligence

Market data sourced from NTREIS and compiled via the Plano Market Data Archive.