Weekly Update

Plano Real Estate Market Update - September 11, 2026

Market Snapshot
Active & Under Contract
582 Active Listings
$550K Median Active Price
43 Median Active DOM
186 Pending Sales 35 new contracts this week
This Week's Activity
75 New Listings
16 Back on Market
90 Price Decreases
4 Price Increases
25 Cancelled & Expired
54 Closed / Sold
30-Year Fixed Rate 6.76%
Market Analysis

What the data says

Active inventory bounced back to 582 listings, up 20 from last week. New listings held strong at 75. Fifty-four closings marked the best closing week in months.

New purchase contracts dropped to 35 this week, less than half last week's 66 and the lowest reading in months. The under-contract pipeline followed, falling 14.7 percent to 186. Labor Day gets some of the blame - a four-day weekend pulls buyers away from house hunting, not toward it. Rates climbed to 6.76 percent, a 2026 high, and midterms are 50 days out. Election years tend to inject hesitation into buyer behavior, even the non-presidential ones. Worth watching.

Price reductions hit 90 this week, 15.5 percent of active inventory. The DOM gap that's tracked market selectivity all summer nearly vanished: 42 days pending versus 43 active, down from a 12-day spread last week. This is a sign that current buyers are selecting from aging inventory rather than only prioritizing new listings.

For Buyers

Ninety price reductions - 15.5 percent of active inventory, the most in a month - means motivated sellers. The DOM gap closing means less competition for listings that have been sitting. If last week's surge had you sitting out, this is the week to get back in.

For Sellers

Thirty-five buyers still wrote contracts this week, and every one went to a correctly priced home. Ninety reductions say the rest of the market hasn't caught up. Price at today's median, not last month's, or join them.

6.76 percent rates, a slow contract week, 50 days to midterms - this market has more variables in play than it did a month ago. Let's talk through what it means for your timing.

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 - September 4, 2026

Active inventory in Plano dropped sharply to 562 listings this week, driven by 47 cancelled and expired listings, as August's monthly agreements lapsed. New contracts jumped to 66, the strongest week since Spring, even as mortgage rates held near 6.7 percent. Price reductions rose to 15.1 percent of active inventory, with the market still sorting winners from stale listings heading into fall.
Browse all Plano Market Intelligence

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