Weekly Update

Plano Real Estate Market Update - November 13, 2026

Market Snapshot
Active & Under Contract
574 Active Listings
$535K Median Active Price
57 Median Active DOM
137 Pending Sales 33 new contracts this week
This Week's Activity
48 New Listings
15 Back on Market
74 Price Decreases
1 Price Increases
16 Cancelled & Expired
26 Closed / Sold
30-Year Fixed Rate 7.11%
Market Analysis

What the data says

Active inventory edged up to 574, the top of the range this Fall, but the move is small. New listings eased to 48, the third straight weekly decline from 68 on October 23. Supply is tapering. However it is still far ahead of demand: sellers listed 101 homes over the past two weeks while buyers wrote 62 contracts, and the four-week count is 229 new listings against 120 contracts. Cancellations and expirations - frustrated or tired sellers - are what continues to hold the market in check.

As predicted, contract activity picked up this week after the midterms, though still modest at 33 and not a meaningful change of pace. Mortgage rates also eased for a fourth straight week to 7.11 percent. The pending pipeline slipped to 137, essentially flat from last week and also the lowest count since January of this year.

Price reductions came in at 74, or 12.9 percent of active inventory, roughly 1 in 8 sellers adjusting price in a single week. The days on market gap is the widest of the past eight weeks: homes in the under-contract pipeline carry a median of 30 days, against 57 for active listings, a 27-day gap. Correctly priced homes are finding buyers quickly. The next couple weeks will determine how year’s real estate stats conclude.

For Buyers

Plano home buyers should recognize that listings are still arriving at nearly twice the pace of contracts, so you have choice and time. The best leverage is in homes that have sat: active listings carry a median of 57 days on market, and 74 sellers cut price this week. Ask about price history, and focus your offers on the listings that have already reduced.

For Sellers

Plano home sellers need to understand that slower new listings do not mean less competition: 101 homes were listed in the past two weeks against 62 contracts. Homes that go under contract do so in a median of 30 days, while active listings have been sitting for 57. Price at the market from day one, because the homes that overshoot become the inventory that sits.

New supply is tapering, buyers have not yet absorbed it, and Thanksgiving is in two weeks. If you want to talk through where that leaves your timing, whether you are buying or selling, let's talk through the data.

More Plano Market Intel

Recent reports

Monthly

Plano Sets Another Record. The Monthly Number Still Isn't the Story.

June closed with a $595,000 citywide median sold price — Plano's second consecutive all-time high — driven by an unusually strong run of $1M+ closings. A month ago, national outlets were calling Plano a correction market off a one-month comparison. Run the same trick the other direction and June's YoY number reads as a 12% boom, which is just as misleading. Here's what the data actually shows, and why the multi-year trend is the only lookback window worth trusting.

 Previous Week

Plano Real Estate Market Update - November 6, 2026

Plano's active inventory held at 565 listings, but sellers are keeping the market in check. During the last two weeks, 61 listings were cancelled or expired while buyers wrote 56 contracts - against 113 new listings. The pending pipeline edged down to 140 homes under contract, and 70 price reductions, or 12.4 percent of active inventory, show the market is still sorting. With the midterms behind us, the next two weeks will test whether contract activity picks up.
Browse all Plano Market Intelligence

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