Plano February 2019 Housing Market Statistics

Susie Kay, Realtor ®
Published on March 20, 2019

Plano February 2019 Housing Market Statistics

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 District5515 Ohio DriveFrisco, TX 75034Ph: 469-633-6000 Lewisville Independent School District1800 Timbercreek RoadFlower Mound, TX 75028Ph: 469-713-5200 Plano Independent School District2700 W. 15th StreetPlano, TX 75075Ph: 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. 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.
Susie Kay, Realtor®
Certified Probate Real Estate Specialist (CPRES)
Seniors Real Estate Specialist (SRES®)
Certified Home Stager (CHMS)
Accredited Buyer’s Representative (ABR®)
Graduate Realtor® Institute (GRI)
Residential    l    Commercial     l    Investment
Phone: 469-371-2899
Email: [email protected]
Website: www.dfwdreamhomes.net
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