Home > Local Real Estate Markets > Plano TX  June 2010 Homes Sales Market Report

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Published July 15 2010 6:31pm

In the June 2010, Plano TX sold 270 homes for $78,370,147. These includes single-family homes, condominiums, townhomes and duplexes in the City of Plano TX. MLS areas = 20, 55, 51.

January 2010 = 101 Plano TX homes sold
February 2010 = 172 Plano TX homes sold
March 2010 = 229 Plano TX homes sold
April 2010 = 264 Plano TX homes sold
May 2010 = 235 Plano TX homes sold

270 Plano TX Homes for $78,370,147 in June 2010

When compared to the same time last year (2009), Plano TX sold 327 homes. It is DOWN 17.4% from the previous year. Although the number of transactions is down, the average sales price and price per square foot of Plano TX homes are higher in June 2010.

The lowest priced home sold for $61,000 in Plano TX 75074. This was a bank foreclosure home in Meadows Estates, 1,000 square-foot home, 3-bedrooms, 1 bathroom. It took 18 days to sell. This is a lender-owned property (foreclosure).

The highest priced home was sold in Lakeside on Preston for $1.385 Million - a 6,600 square-foot home, 5-bedrooms, 6 full bathrooms and 1 half bathroom with 4-car garage and a swimming pool. It took 32 days to sell.

The average home in Plano TX is $290,260, a 3 bedrooms, 2 bathrooms, 2,500 square feet. The average price per square feet is $102/sq.ft. The average days on market to sell is 61 days. The average list to sold price is approximately 97%.

The median sales price in Plano TX is $236,500. Half the properties sold in Plano TX sold for under $236,500 and half the properties sold for over $236,500.

Here is the snapshot of the homes sold in Plano by PRICE RANGE for June 2010:

Current conditions of Plano TX homes for sale market:

There are 1,293 homes for sale in Plano TX. They range from a condominium at $59,000 at Briarpark to a Mediterranean estate for almost $5 Million at Kings Gate. There are currently 63 homes over $1 Million for sale in Plano TX. With its current inventory, Plano TX sits on a 5-month inventory, which means based on June's rate of selling homes in Plano TX, it will take 5 months to clear out all its current inventory.

There are 260 Plano TX homes currently under contract, pending sale in the near future. The SOLD market data may seem fairly biased because it only reports the properties that sold. The "lowest" end property sold in 18 days while the "most expansive" home sold in 32 days. It is a fairly healthy real estate market only for However, there are many more homes in between these price ranges that never sold. It is key to price your property correctly so you can sell it and move on.

Check out Homes for Sale in Plano TX: