With only 2.3 months of inventory, Plano remains a seller's market. The median home price of $536,500 represents a moderate 7.9% increase from this time last year. With 2.3 months of supply, Plano's inventory levels remain relatively tight. Homes are taking about 47 days to sell, which is 12 days longer than this time last year. A significant 28.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 13.9% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Plano market with the affordability index at 10.0. Based on current market indicators, home prices in Plano are projected to decrease by approximately 4.3% over the next month.