Plano Texas Real Estate Sales down 7% in November 2011

Plano Texas Real Estate Sales were down 7% in November 2011 over the same month last year with 179 homes selling this month! For the year to date, overall home sales were at 2,635 homes sold, a 2% change from last year. Plano Texas Real Estate total dollar volume of homes sold this month was $46,123,740 which is a -16% change from this month last year. For the 2011 year to date, the total dollar sales were at $673,974,350, which is a 5% change.

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New Plano Texas Real Estate listings experienced a -11% change for the same period last year with 240 homes listed this month. For the year to date, overall home listings underwent a -12% change with 4,325 homes listed this year. Listings pending sales this month underwent a 5% change, with 192 homes contracted. Listings under contract for the year to date experienced a 2% change, with 2,735 homes under contract for this month.

The median sales price of Plano Texas Real Estate was $201,500 a -12% change from this month last year. Overall, for the year, the median sales price was $216,000 a 1% change. Sellers received 96% of their asking price this month, which is a 0% change from last year. For the year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 71 days on the market until sold, which was a -10% change from last year. For the year to date, the average number of days on the market was 74, an overall change of 14%.

The current supply of active listings on the market this month was 837 homes. This is a change of -26% from the same month last year. For the year to date, the supply of active listings on the market was 1098, which is a -12% change. This month there was a 3.7 months’ supply of homes on the market; this was a -29% change from last year. For the year to date, there was a 4.9 months’ supply of homes on the market, which is a -15% change from the same period last year. The average price per square foot was $95 this month; a -8% change from last year. For the year to date, the average price per square foot was $96, a change of 0%

Plano Real Estate sales is known as Multiple Listing Service (MLS) area 20 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Plano Real Estate Sales as well as Plano Foreclosures, Plano Short Sales, and Homes in Plano. Please visit our website at DFWTeamRealty.com for the latest information on Plano homes by price range and community. Search Plano Real Estate at Homes in DFW

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