Plano Real Estate Market Update - April 17, 2026

Market Snapshot
Active & Under Contract
Active Listings
457
Median Active Price
$589K
Median Active DOM
29
Pending Sales
274
52 new contracts this week
This Week's Activity
83
New Listings
15
Back on Market
56
Price Decreases
10
Price Increases
12
Cancelled & Expired
54
Closed / Sold
Market Analysis

Active inventory reached 457 listings this week - up from 442 last week and up 10 percent from 415 at the start of April. New listings pulled back to 83 from 95 last week, yet the active count continues to climb as properties accumulate faster than they close or contract. The contract pipeline held essentially flat at 274, and 54 homes closed this week. On the surface, a quiet week. Underneath it, a supply story that is worth tracking carefully.

The DOM data sharpens the picture. Homes in the pending pipeline went under contract at a median of 21 days - 8 days faster than the 29-day median for active listings, and faster than the 30-day YTD closed median. The current market is selective. Fresh, correctly priced inventory is transacting. What is accumulating in the active count is older, mispriced, or both. Price reductions came in at 56 this week - down from 68 last week - but still elevated enough to suggest sellers are feeling the gap between their expectations and where buyers are actually engaging.

The inventory build is the thread to watch as April develops. We flagged the spring 2025 parallel two weeks ago - this is that pattern beginning to express itself, with active listings up 10 percent in the first half of the month alone. On the closing side, 102 transactions have recorded through mid-April, already exceeding March's pace, where the full-month totaled 174 sales. For a deeper look at March's full market picture, the March 2026 Market Report is worth a read.

For Buyers

The 21-day median for homes going under contract tells you exactly where to focus - fresh listings are moving fast. If you've been watching a property that's been sitting on the market, the market itself is signaling an opportunity. Sellers with accumulated days on market are often more negotiable than their list price suggests.

For Sellers

Active inventory is up 10 percent this month and still climbing. The window to list into a less crowded field is narrowing. Correctly priced homes are still transacting at a median of 21 days - the pipeline of 274 pending contracts confirms buyers are active. The question is whether your home is priced to meet them where they are.

The inventory build will be the story to watch over the next two weeks as April closes out. If you want to talk through what this market means for your timing - whether you're buying, selling, or just paying attention - reach out directly.

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Plano Market Report - March 2026