Plano Texas Home Values were UP 14% in October

Plano Texas Home Values were UP 14% in October over the same month last year with 220 homes selling this month compared to 193 sold this month last year! For the 2011, year to date, overall home sales were UP 2% with 2,450 homes sold compared to 2,400 homes sold last year.

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New listings in September were DOWN 9% for the same period last year with 296 homes listed as compared to 326 listed this month last year. For the year 2011 overall home listings were DOWN 12% with 4,083 homes listed as compared to 4,664 homes listed last year. Listings under contract were UP 7% at 205 homes listed compared to 192 homes listed this month last year. Listings under contract for all 2011 were UP 2% with 2,538 homes listed as compared to 2.492 listed for all last year.

The average sales price of homes was DOWN 5% to $266,155 as compared to $279,096 for this month last year. The overall year of 2011 average sales prices were UP 3% to $266,265 as compared to $257,829 last year. Sellers received 93.8%% of their asking price this month as compared to 92.5% this month last year. The average days on the market until sold in September was 83 days compared to 91 days for this month last year DOWN 8%.

The current supply of homes on the market was 1054 homes DOWN 27% as compared to 1,439 homes from the same period last year. This is 4.4 month supply of homes on the market DOWN 28% as compared to 6.1 month supply from this month last year.

Register online for monthly updates in your city and your neighborhood automatically email to you at PlanoHomesValuesReport.com. Search Plano Texas homes, Plano Texas forecloses, and Plano Texas shorts sales at Homes-in-Plano.com. This service is FREE and without obligation from DFWTeamRealty.com.

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