Plano South | July 2023

2023

HOME EDITION

REAL ESTATE DATA

COMPILED BY MICHAEL CROUCHLEY & COLBY FARR

2022-23 Plano real estate market at a glance The number of homes sold in Plano has gone down in all of the city’s ZIP codes. The lower number of sales has also coincided with the amount of time homes are spending on the market lowering in every zip code. Median sale prices have also risen in all ZIP codes except for 75024.

SRT TOLL

75023 75024 75025 75074

75075 75093

DNT TOLL

75

SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORSCOMMUNITY IMPACT

PGBT TOLL

N

Number of homes sold

National mortgage rate data After staying relatively at the rst two years of the pandemic, mortgage rates have sharply risen since early 2022, peaking Nov. 10 of last year before seeing some decline over the last six months. 30-year xed-rate mortgage 15-year xed-rate mortgage

June 2021-May 2022

June 2022-May 2023

8%

6.48%

6%

3.72%

3.22%

2.65%

4%

5.73%

0 2%

3.16%

2.16%

2.43%

January 2020

January 2021

January 2022

January 2023

75023

75024

75025

75074

75075

75093

Median home sales price

Average days on market

June 2021-May 2022

June 2022-May 2023

June 2021-May 2022

June 2022-May 2023

75023

75024

$401,760

$612,500

+8.27%

-10.61%

$435,000

$677,500

75025

75074

$518,000

$371,000

+10.04%

+7.82%

$570,000

$400,000

75075

75093

$450,000

$658,000

+2.22%

+7.52%

$460,000

$707,500

75023

75024

75025

75074

75075

75093

LoneStarHomes.com

17

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