Friday, January 4, 2013

Plano Texas : 2012 Real Estate Year in Review

Collin County Market Watch : Plano Texas : 2012 Real Estate Year in Review (Part 1 of 8)





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As part of the Collin County Market Watch real estate year in review series we will be breaking down the 8 cities we focused on in our general review of the Collin County real estate market for 2012. The first city we will break down into further detail will be Plano, Texas. 




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Plano, Texas has the largest population in Collin County, 264,269 (according to Census Bureau), accounting for nearly a quarter of the counties total population. 2012 was a good year for real estate in Plano. Listing inventory was down significantly and homes sold much quicker on average than they did in 2011. Average days on market went down in every price point in Plano, Texas in 2012. The number of homes sold in 2012 was up over 400 homes from the previous year.



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