The pending pipeline surge to 260 contracts is the clearest evidence yet of where competition is concentrating. With buyers absorbing nearly every new listing that entered the market last week, the window between a home appearing and going under contract is compressing. At a median pending DOM of 24 days - well below the 38-day median for active listings - hesitation is being punished. Buyers who have been waiting for rates to fall further are watching well-priced inventory disappear.
Weekly Update
Plano Real Estate Market Update - March 20, 2026
Market Snapshot
Active & Under Contract
413 Active Listings
$596K Median Active Price
38 Median Active DOM
260 Pending Sales
This Week's Activity
71 New Listings
10 Back on Market
64 Price Decreases
3 Price Increases
15 Cancelled & Expired
28 Closed / Sold
Market Analysis
What the data says
Plano's active inventory held essentially flat at 413 listings this week - one fewer than last week - while the median active price climbed to $595,900, a $12,000 increase over the prior week. The February market report identified a near-perfect equilibrium between supply and demand: sellers are listing at roughly the same pace buyers are absorbing inventory, and this week's numbers confirm that pattern is holding.
The story this week is in the pending pipeline. Contracts jumped from 226 last week to 260 this week - a 15% single-week surge driven by 71 new listings entering the market and buyers moving quickly on well-priced inventory. Median pending DOM sits at 24 days, well below the 38-day active DOM, confirming that correctly priced homes are contracting in less than 4 weeks while overpriced inventory accumulates days and awaits pricing corrections.
The week's 64 price reductions - against a backdrop of 413 active listings - tell the other side of that story. With 50 cumulative expirations and 114 cumulative cancellations already on the books, the gap between 27-day contract DOM and 38-day active DOM makes the market's verdict clear: correctly priced homes are moving; everything else is accumulating days and, eventually, a reduction or a withdrawal.
The data is unambiguous: 260 contracts in the pipeline against 413 active listings means roughly 63% of available inventory has a buyer attached. Sellers entering this market with accurate pricing are finding buyers in under 27 days; those who aren't are facing growing competition from the new listings arriving each week. Spring's momentum benefits sellers who enter the market priced to compete from day one.
The pending pipeline just grew to 260 contracts while buyers absorbed nearly every new listing that entered the market last week. If you're weighing a move this spring, the data suggests the window is open and competition is building. Let's talk about what that means for your specific situation.
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Market data sourced from NTREIS and compiled via the Plano Market Data Archive.