Plano Real Estate Market Update - February 20, 2026
Plano > Market Intelligence > Weekly Update - February 20, 2026CURRENT INVENTORY:
Active Listings: 425
Median Active Price: $570,000
Median Active DOM: 39
Pending Sales: 180
THIS WEEK'S ACTIVITY:
New Listings: 66
Back on Market: 14
Price Decreases: 39
Price Increases: 3
Cancelled & Expired: 12
Closed/Sold: 27
YEAR-TO-DATE PERFORMANCE:
Total Closed Sales: 194
Median Sold Price: $497,865
Median Sold DOM: 48
MARKET ANALYSIS:
Plano's residential market closed out February's third week with 425 active listings at a $570,000 median price—both trending upward from last week's 415 and $550,000—as 66 new listings entered the market, the highest single-week count since October 2025. This supply surge comes at a pivotal moment: mortgage rates hit a three-year low this week, fundamentally altering the affordability equation for buyers on the sidelines. The result? The contract pipeline now stands at 180 properties as buyers respond decisively to improved financing conditions and fresh inventory.
Despite only 27 closings this week—typical for mid-month recording patterns—forward momentum remains strong. Price adjustments totaled 39 reductions, below recent monthly averages and signaling stabilization after January's volatility.
One metric to watch: median Days On Market for active listings increased from 30 to 39 days, reversing last week's compression. This reflects buyer preference for fresh inventory over existing stock. Year-to-date DOM sits at 48 days—consistent with typical first-quarter patterns when closings include contracts from slower holiday periods—while pending contracts show a healthier 34 DOM, confirming newer listings are absorbing faster.
Plano home buyers are facing their moment of truth—mortgage rates at three-year lows won't last indefinitely, and the 180-property contract pipeline proves serious buyers are already moving. With 66 new listings providing genuine selection, the combination of improved financing and motivated sellers creates a narrow window before spring competition intensifies.
Plano home sellers are seeing both opportunity and caution: 180 pending contracts confirm buyer demand is real, but median DOM increasing to 39 days means pricing discipline matters more than ever. As our best time to list your house analysis shows, we're approaching—but haven't yet entered—the peak spring window, making February's final week critical for sellers wanting to capture early buyers ahead of March's inventory surge.
Mortgage rates just hit a three-year low and Plano's contract pipeline stands at 180 properties. Whether you're a buyer ready to lock in financing or a seller positioning for the spring surge, timing matters—let's review your strategy now.
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