Call an Agent Today!
214-760-6770 - DFW
903-560-4975 - Fannin County

February 2021
Plano TX
Real Estate Market Insider

The Plano TX Real Estate Market Insider Report
February 2021

According to the most recent data released by the NTREIS MLS for February 2021, the Plano real estate market is even shorter on inventory than usual.

The Bottom Line

The Plano housing market in February saw a continued slide in available inventory resulting in 69.6% fewer Plano homes for sale then the same time last year. This coupled with the significant winter storms that hit Texas resulted in a 34.1% increase in average Plano home sale prices over February of last year.

We continue to be in a seller’s market for those with Plano real estate for sale as well as all of Collin county TX real estate. Many homes are receiving multiple offers within 1-2 days of being on market and with several homes off the market due to needing repairs from the storms this will likely remain through then next couple months.

Let's Take A Look At The February 2021 Real Estate Market
Stats For Plano TX

February 2021 Plano Real Estate Statistics

New Listings: 166
(Down -43.2% from last year)

Sold Listings: 203
(Down -1.9% from last year)

Total Active Listings: 151
(Down -69.6% from last year)

Avg. Sale Price: $511,684
(Up +34.1% from last year)

List Price vs Sold Price Ratio: 100.7%
(Up +4.5% from last year)

Days on the Market: 7
(Down -75.0% from last year)

Months Supply of Homes: 0.6
(Down -70.0% from last year)

February saw a return to normal with more homes sold than homes being listed for sale. In fact, we saw a 43.2% drop in new listings. This trend has continued since July 2020 causing overall available inventory of Plano homes for sale keeps shrinking. In February, there was only 0.6 months of inventory which is 70% less available Plano homes than the same time last year.

Complimentary Comparitive Market Analysis

For a more detailed look at your particular area or neighborhood, give us a call and we will put together a complimentary Comparative Market Analysis so that you can be more informed in your Plano Real Estate or Collin County Real Estate decisions.

New vs Sold Listings

New Listings


↓ -43.2%

Sold Listings


↓ -1.9%

Last Year
New: 292 / Sold: 207

Total Active Listings

Active Listings


Last Year
497 Active Listings

Average Home Price



Last Year

Days On The Market



Last Year
28 Days

List Price vs Sold Price

Of Asking Price
100.7 %


Last Year
96.4% Of Asking Price

Let Us Help You Sell Your Plano Home!

Our team of real estate agents is very experienced in all aspects of real estate in the North Texas area. Our contacts in the industry among builders, surveyors, and land planners are invaluable for our clients. We are looking forward to serving you and showing some of the finest properties in the DFW area! Contact us using this form or give us a call, and let’s get started!

Phone: +1 214-225-9545
101 E. Park Blvd. ,Ste 600 Plano, TX 75074

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange.