Weekly Update

Plano Real Estate Market Update - June 26, 2026

Market Snapshot
Active & Under Contract
608 Active Listings
$565K Median Active Price
37 Median Active DOM
213 Pending Sales 42 new contracts this week
This Week's Activity
84 New Listings
10 Back on Market
85 Price Decreases
2 Price Increases
21 Cancelled & Expired
44 Closed / Sold
30-Year Fixed Rate 6.49%
Market Analysis

What the data says

Active inventory reached 608 this week, the highest count of 2026. The weekly gain this week was lower than recent weeks, suggesting slowing. I also anticipate fewer new listings next week with the Fourth of July holiday. The pending pipeline is basically flat at 213 and a stabilization after a months-long decline from the spring’s highs. June's closing volume is tracking within range of prior-year totals. Buyer demand is present, I think the real story is on the supply side.

The DOM data provides some depth to the story. Homes in the pending pipeline carry a median of 23 days on market, two weeks faster than the 37-day median for active listings. Buyers are moving on correctly priced homes. What is accumulating in the active count is older, mispriced, or both.

The pricing adjustment data tells the clearest story. Eighty-five price reductions were recorded this week, 14% of active inventory. Or, put differently: for every one new listing, an existing seller reduced their price. Cumulatively, 291 of 608 active listings, nearly half, have reduced their price at least once. The market is sorting efficiently. Correctly priced homes are closing; homes that missed on price or presentation (aka condition) are joining a field where seller-side pressure is building week by week.

For Buyers

Nearly half the active listings have already reduced their price. Sellers who entered at spring prices are negotiating from a different position now. Inventory is at a 2026 high, selection is broad, and the 37-day active DOM tells you where patience has accumulated. The biggest opportunity is in that pile.

For Sellers

Eighty-five price reductions in a single week, 1:1 with new listings entering the market. Cumulatively, 47% of active listings have already adjusted. Correctly priced homes are still going under contract — 42 did this week. The friction is not demand; it’s the competition with other Plano home sellers.

This is the last weekly report for June. The full picture on June closings, volume, and pricing trends lands in the June monthly report. If you want to talk through what the current market means for your timing as a buyer or seller, reach out directly.