Plano Texas Real Estate | Housing Market Update [November 2021]

Plano Texas Real Estate Housing Market Update November 2021

The Plano real estate housing market for the most part has remained steady for several months. The data is still indicating a strong sellers market just. DOM, Days on Market for the overall city of Plano has increased by one day, not much so relatively the same and still in the single digits. The Median Percent of Original Price has decreased however, it remains above 100 which indicates half the homes selling are still selling above asking price. Homes are continuing selling fast here locally. The new listings on the 7 day snapshot on the MLS still has the solds outpacing the new listings, not as much as last month but none the less still outpacing. hat being said, inventory remains relatively low which is still causing multiple offers on many homes that are for sale in Plano TX. Because recent home prices have remained steady this continues to give buyers a bit of relief and at the same time good for sellers as many have expected prices to fall. Interest rates remain low which is also good for buyers and sellers. Let me know what I can do for you.

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This video and data on the housing market in Plano TX is from today November 5, 2021. The information on the real estate market here in Plano Texas is pulled from the North Texas Real Estate Information Systems (NTREIS). The data in this video is live and is updated constantly. The data is collected as REALTORS from Plano as well all subscribers to the NTREIS MLS enter information.

00:00 Plano real estate market update intro
00:30 Real estate data for last 7 days for Plano TX as per MLS
01:13 Plano TX median sales price
01:25 Median DOM (Days On Market) for Plano TX
01:34 Percent of Original Price in Plano TX
01:53 Months Supply for Plano Homes
02:06 Inventory of homes for sale in Plano TX
02:12 New listings entering the Plano real estate market
02:25 Plano real estate market summary for 75075

🎥Video on difference between Average and Median
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As real estate agents, we continue to be concerned for the safety of all in our area. We currently take precautions but still work diligently for our clients. Whenever possible, we work virtually and do what we can to expedite tasks in an efficient manner. A few of the tools we use - internet marketing, virtual video conference and electronic signatures for documents for transactions.

Plano Housing Market

The Plano Housing Market consists of several zip codes. For more information on your zip code in Plano click the relevant link below to see the market data for your area.

There are many steps in the homes selling/buying process. These days with the technology, much of this can be handled online. Title companies also have and provide mobile closings. Most documents, photos, reports, video can be done via online.

I am a real estate investor and REALTOR in Plano TX serving the DFW Metroplex

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Reach Out Anytime

Thanks and have a Blessed Day

Gerald Enriquez - 0707076
TDRealty
Plano TX
📱 Call/Text: 682-232-1506

#PlanoTexasRealEstate #PlanoTexasHousingMarket #GeraldEnriquez #RealtorPlanoTX #PlanoTX #planotexas

[eigobike]

You need to expand and explain if the changes are within statistical ranges and the frequency and size of data published.

[eigobike]

Days on market does not matter if it is lower than 30.