Plano Real Estate
Plano Texas, is an affluent suburb of North Dallas and is part of the DFW Metroplex. Plano consistently ranks high among the best places to live in the Country. For the second year in a row Plano ranked #1 as Americas richest City (cities with a population or 250,000 or more). Experiencing unprecedented growth, Plano's population has more than doubled since 1990. Accordiing to US Census data, in 2011 Plano was the 4th fastest growing city in the Country. Plano real estate inventory is at record lows and its no wonder why it sells at a premium at a fast pace.
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Whats Happening Now - March 2014
Here are January's housing numbers. Home sales were up 19.8% from a year ago with the median sales price up 9.4% to $235,000. The month's supply of inventory is down 44.3% to 1.8 months and the average price per square foot is at $104 up 7.5% from a year ago. Pending sales are up 17% and days on market is down 33.9% at 40. Mortgage rates are still low, hovering around 4%. Consider buying before prices go even higher.
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Realtor / Equal Housing - © 2008 - 2014 VIP Realty Platinum All Rights Reserved / TREC License # 0584740. Broker - Harry Ridge. Principal Office: 1400 Preston Rd. Plano, TX. 75093. All information provided is deemed reliable but is not guaranteed and should be independently verified.