Weekly Update

Plano Real Estate Market Update - July 31, 2026

Market Snapshot
Active & Under Contract
628 Active Listings
$557K Median Active Price
43 Median Active DOM
194 Pending Sales 51 new contracts this week
This Week's Activity
71 New Listings
14 Back on Market
96 Price Decreases
4 Price Increases
33 Cancelled & Expired
42 Closed / Sold
30-Year Fixed Rate 6.66%
Market Analysis

What the data says

Active inventory held essentially flat this week at 628 listings, down two from 630 last week and the third consecutive week without meaningful movement. New listings ran strong at 71, and 42 sales closed, yet supply isn't building. That plateau heading into August is a seller-friendly signal worth noting as fall approaches.

Buyer contract activity explains why. New contracts jumped to 51 this week, and the pending pipeline followed, climbing to 194 after weeks of decline. That surge came even as mortgage rates climbed to 6.66 percent, the highest reading of the summer, suggesting buyers are moving on their own timeline rather than waiting out financing conditions.

The stronger contract activity and steady inventory appear to be giving sellers some room. Price decreases fell to 96 this week from 104 last week, now 15.3 percent of active inventory versus 16.5 percent last week. The DOM gap still confirms a selective market: homes under contract carry a median of 24 days against 43 days for the active pool, a 19-day spread that continues to separate correctly priced listings from those still waiting.

For Buyers

Fifty-one new contracts this week ties the season's high, and the pending pipeline's climb to 194 shows buyers moving quickly. Inventory sitting flat at 628 means the pool of homes to choose from hasn't shrunk, but the fastest-moving listings are the ones going under contract in a median of 24 days. If you're circling something, the window to act before someone else does keeps narrowing.

For Sellers

Ninety-six price reductions this week, still 15.3 percent of active inventory, is a real number, but it's the lowest share in recent weeks. Combined with inventory holding flat, sellers may be getting a reprieve. That's not license to overreach: the 19-day gap between pending and active DOM shows the market is still sorting winners from listings still waiting.

Inventory has held flat through the end of July, and if that trend continues into fall, the market picture could look different by the time school is back in session. Whether you're timing a purchase or a listing around 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 24, 2026

Plano's active inventory held flat at 630 listings this week, but not from a lack of new supply: 71 new listings were offset almost exactly by 45 new contracts and 27 cancellations or expirations. Price reductions stayed elevated at 93, a second straight week above 90, and the gap between active and pending days on market widened as the active pool ages. With mortgage rates at 6.58 percent, the highest of the year, mid-summer buyers are still locking in contracts at a steady pace.
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Market data sourced from NTREIS and compiled via the Plano Market Data Archive.