Plano February 2019 Housing Market Statistics

By
Real Estate Agent with Ultima Real Estate
https://activerain.com/droplet/5hHT

 

 

The city of Plano is a part of the Dallas-Fort Worth metropolitan area. It is mostly in Collin County, but includes a small portion that extends into Denton County.

 

As of 2017 the city's population was estimated at 286,143, making it the ninth most populous city in the state of Texas.

 

According to US Census in 2017, Plano demographics are as follows:

 

 

Race

Population 

White

188,719

Asian

54,597

Black or African American

23,353

Two or More Races

8,239

Some Other Race

5,021

American Indian and Alaska Native

1,422

Native Hawaiian and Other Pacific Islander

215

 

 

 

 

Plano Income by Household:

Name

Median

Mean

Households

$88,578

$116,992

Families

$105,461

$133,455

Married Families

$119,404

$148,682

Non Families

$52,813

$72,893

 

Plano Renter vs Owner Occupied by Household Type

Type

Owner 

Renter

Married

76.1%

23.9%

All

61%

39%

Male

51.1%

48.9%

Female

43.2%

56.8%

Non Family

38.1%

61.9%

61.0% Rate of Home Ownership

 

 

 

 

 

Plano was named the 3rd 'Best Place to Live in America by Money Magazine.

It offers an affluent and yet affordable living. It has low taxes, housing prices and unemployment compared to most metros in the U.S. The city offers many amenities which enhance the lives of residents and visitors by offering outstanding parks, trails and facilities, a variety of enriching programs, special events and activities that contribute to the health, well-being and quality of life within the city.

 

The Plano Independent School District is nationally regarded and provides an education comparable in quality to many top private schools.

 

 

Schools

 

Three school districts serve residents in Plano:

 

Frisco Independent School District

5515 Ohio Drive

Frisco, TX 75034

Ph: 469-633-6000

 

Lewisville Independent School District

1800 Timbercreek Road

Flower Mound, TX 75028

Ph: 469-713-5200

 

Plano Independent School District

2700 W. 15th Street

Plano, TX 75075

Ph: 469-752-8100

 

 

 

Housing Market

 

Statistics showed a decrease in sold volume, number of sales, and median sales price from February 2018 to February 2019. Number of sales decreased from 203 in February 2018 to 163 in February 2019. Median price decreased from $330,000 in February 2018 to $327,750 in February 2019. Average days on the market for almost all homes and all price range in February 2019 were longer than in 2018.

 

This showed that the housing market in February 2019 was slower than in February 2018. However, even when it’s slower, Plano still has a very healthy real estate market. On average, homes were sold in about 2 months. This is still an indication of a strong seller’s market.

Plano Feb 2019 Statistic

 

If you are looking to sell  or  buy a home in Plano and the surrounding area, I'm honored to have the opportunity to assist you.

 

 

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Topic:
Real Estate Market Trends
Location:
Texas Collin County Plano
Groups:
Texas Real Estate
Market Updates
Local Expert
Market Reports
Dallas Real Estate
Tags:
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plano housing market
susie kay
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Rainmaker
3,177,402
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Suzy, the demographics look almost like Los Angeles, I keep joking we are a mini United Nations, Endre

Mar 19, 2019 10:34 PM #1
Rainmaker
351,777
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Hi Endre Barath, Jr. !  Thank you for dropping by!  Dallas is very diverse and yes, it reminds me of LA but less costly.

Mar 21, 2019 06:42 AM #2
Rainmaker
115,185
Kimberly Thurm
Berkshire Hathaway HomeServices KoenigRubloff, Naperville, IL - Naperville, IL
Broker / Relocation Consultant ABR, CRS, GRI, SFR

Hey Susie,  in Illinois we have a small town out west named Plano too.  Very different from yours - our's is only about 11,500 people!  I do a lot of relocation and plenty of my clients come from Texas. 

Apr 24, 2019 06:34 AM #3
Rainmaker
351,777
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Hi Kimberly Thurm , thank you for your comment and for dropping by!  I have a lot of relocators, too, and many are from California.  It's interesting how people move around. 

Apr 24, 2019 11:33 AM #4
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Rainmaker
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Susie Kay

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