Plano Real Estate Market Update - February 6, 2026
Plano > Market Intelligence > Weekly Update - February 6, 2026CURRENT INVENTORY:
Active Listings: 408
Median Active Price: $550,000
Median Active DOM: 50
Pending Sales: 148
THIS WEEK'S ACTIVITY:
New Listings: 53
Back on Market: 12
Price Decreases: 25
Price Increases: 2
Cancelled & Expired: 23
Closed/Sold: 42
YEAR-TO-DATE PERFORMANCE:
Total Closed Sales: 125
Median Sold Price: $492,500
Median Sold DOM: 36
MARKET ANALYSIS:
Plano's residential market opened February with 408 active listings, essentially flat from January's close, as weather whiplash from "Dallaska 2026" to unseasonably warm temperatures brought 53 new listings to market this week. That supply surge was met with robust closing activity of 42 transactions, confirming last week's prediction that end-of-month recording delays would normalize in early February. The week also delivered 23 expired or cancelled listings, suggesting that sellers who rode out January without adjustments are now making harder decisions about their strategies.
Price movement tells an interesting story: 25 reductions against just 2 increases, yet the median active price jumped from $540,000 to $550,000 while median DOM compressed from 58 to 50 days. This apparent contradiction likely reflects the composition of new listings entering at higher price points while older inventory exits through expirations and price cuts. The 148-property contract pipeline remains nearly identical to last week, demonstrating that buyer engagement hasn't wavered despite inventory remaining stubbornly level.
Plano home buyers should recognize that 42 closings this week—the strongest single-week performance in months—signals that spring demand patterns are arriving early, and those 14 expired listings may represent re-entry opportunities if sellers adjust expectations before relisting.
Plano home sellers need to understand that while overall inventory barely budged, the market is actively refreshing: 53 new listings, 42 closings, 14 expirations, and 9 cancellations mean nearly 120 properties cycled through various status changes this week—the real competition is with newly listed homes, not stale inventory.
For detailed zip-code level breakdowns and January's final transaction totals, I'm releasing the Monthly Market Update with the Plano Price Matrix later today.
This week's 53 new listings and 42 closings signal early spring momentum—but 14 expirations also tell a cautionary tale. Whether you're evaluating purchase timing or pricing strategy, let's review what's moving versus what's sitting in your target neighborhoods.
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