Plano Real Estate Market Update - March 13, 2026

Plano's active inventory held at 414 homes this week, with a median list price of $584,450 and active days on market sitting at 36 days. That inventory count isn't coincidental - it reflects what the February market report confirmed: buyers are absorbing new supply at roughly the same pace sellers are bringing it to market, creating an equilibrium that has kept active listings range-bound for weeks. This equilibrium is creating a tale of two markets within the same zip codes.

The closing pace this week was 28 transactions, putting mid-March at 50 closings compared to 92 at the same point last year. That year-over-year gap is significant and reflects both the slower January and the February pattern where 30-year rates in the 6% range dampened some buyer urgency early in the year. The 227-property pending pipeline tells a different story about where March is headed: with over two weeks remaining in the month, the pipeline represents contracts that will largely close before month-end, making the final March number likely to surpass February's 83 closings.

The market's self-sorting mechanism is visible in this week's price adjustment activity. Forty-one price reductions moved through the system alongside 9 price increases, a ratio that reflects the ongoing discipline gap between sellers who priced correctly from the start and those now chasing the market down. With spring break beginning for Plano ISD next week, some of that stale inventory may see further pricing decisions as sellers assess whether to hold or reset ahead of the April activity window.