Plano Second Quarter 2019 Housing Market Statistic

By
Real Estate Agent with Ultima Real Estate
https://activerain.com/droplet/5k5S

2nd quarter 2019 Plano

 

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

Phone: 469-633-6000

 

Lewisville Independent School District

1800 Timbercreek Road

Flower Mound, TX 75028

Phone: 469-713-5200

 

Plano Independent School District

2700 W. 15th Street

Plano, TX 75075

Phone: 469-752-8100

 

 

Housing Market

 

Statistics showed a decrease in total sold volume and total number of sales in second quarter 2019 compared to second quarter 2018. Median sales price also dropped from $358,200 to $349,000.

 

Days on the market is still at all time low with most homes $500,000 and lower selling in less than 40 days. This is still an indication of a strong seller’s market. It is slower than second quarter 2018 but it still a strong and healthy seller’s market.

 

If you are looking to sell or purchase real estate in Plano and the surrounding area, I'm honored to have the opportunity to assist you.

 

 

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Texas Collin County Plano
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Rainmaker
205,853
Foster Smith Summerville
Carolina One Real Estate - Summerville, SC
Summerville & Charleston Homes for Sale SC Realtor

Wow! Great presentation of the real estate statistics for the Plano Texas area. 

Jul 18, 2019 01:14 PM #1
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3,281,070
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Nice update on the Plano TX area Susie. These local reports are invaluable for those looking in the area.

Jul 18, 2019 03:41 PM #2
Rainmaker
365,652
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Thank you for your comment and for dropping by Debe Maxwell, CRS . It's always good to see you here!

Jul 23, 2019 05:46 PM #3
Rainmaker
365,652
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Thank you Foster Smith Summerville for your comment and for dropping by!

Jul 23, 2019 05:46 PM #4
Rainmaker
430,969
Bob Willis
Berkshire Hathaway HomeServices California Properties - Orange, CA
Orange County & L.A. County Real Estate Agent

Susie Kay, it looks like a vibrant real estate market in Plano, Texas.  Nice market update.

Jul 28, 2019 08:59 AM #5
Ambassador
465,921
Keith McMullin
Port Aransas Realty - Port Aransas, TX
Port Aransas Real Estate

Looks like Plano is a very active market.  The info you shared should be very helpful for prospective buyers.  A highly recognized school district is at the heart of healthy community.

Jul 28, 2019 09:18 AM #6
Rainmaker
365,652
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Thank you Bob Willis for your comment and for dropping by.

Jul 28, 2019 09:39 AM #7
Rainmaker
2,519,081
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data for home buyers and sellers in Plano, Susie.

Aug 14, 2019 07:17 PM #9
Rainmaker
365,652
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Thank you Myrl Jeffcoat for your comment and for dropping by!

Aug 19, 2019 07:47 AM #10
Rainmaker
365,652
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Thank you Keith McMullin  for your comment and for dropping by. Yes, Plano is one of the most desirable cities for many relocators. With many highly recognized schools and affordable cost of living, it automatically attracts a lot of people.

Aug 19, 2019 07:48 AM #11
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Rainmaker
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Susie Kay

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