Plano South | August 2023

Plano City Council will meet at 7 p.m. Aug. 28 and Sept. 11. Meetings are held at 1520 K Ave., Plano, and can be streamed online. 972-941-7000. www.plano.gov Plano ISD board of trustees will meet at 6 p.m. Aug. 22, Sept. 5 and 19 at the PISD Administration Center, 2700 W. 15th St., Plano. 469-752-8100. www.pisd.edu MEETINGS WE COVER HIGHLIGHTS PLANO City Council members approved changes to three plans that help guide city planners in identifying future park spaces, trails and facilities needs. Updated map elements, such as the designation for potential parks or open spaces in the city, were included in the refresh along with information about future needs for new and existing facilities. COLLIN COLLEGE The school launched a program to help students prepare for entry-level lab technician jobs, according to a July 27 news release. The Biotechnology Boot Camp will include paid tuition and additional funding for a credentialing exam. Tuition for the courses and accompanying labs will be paid for by a U.S. Economic Development Administration grant.

Market records median sales price drop of 5%

Council approves plan for housing funds

Median sales price The median sales price for homes in Collin County saw about a 5.3% decrease year over year in June.

$568,500

June 2022

BY CONNOR PITTMAN

-5.3%

PLANO A plan for over $2 million in federal funding to improve the community and provide housing assistance was greenlit by Plano City Council on July 24. The $2.08 million from the Department of Housing and Urban Development will be available Oct. 1, Housing Community Services Manager Shanette Eaden said. In a nutshell: The city is set to receive nearly $1.48 million in Community Development Block Grants and $605,040 in Home Investment Part- nerships Program funds, she added. Community development grants are targeted at funding housing and social services, officials said. At least 70% of the community grants must impact low- to moderate-income residents in the city.

$539,500

June 2023

New listings Collin County saw a decrease of more than 22% in new listings year over year in June.

BY COLBY FARR

COLLIN COUNTY The demand for Collin County houses continues to rise, even as the area recorded a 5.3% decrease in median sales price year over year in June. The gist: The county saw a median sales price of $539,580 compared to $569,500 in June 2022, according to a Collin County Association of Realtors news release. Despite the price drop, the county’s supply of homes for sale indicates a strong seller’s market. More than two months of supply were available in June. A market is considered balanced when there is a six-month supply of homes for sale, according to the news release.

2,657

June 2022

-22%

2,095

June 2023

SOURCE: COLLIN COUNTY ASSOCIATION OF REALTORS/COMMUNITY IMPACT

Collin County also saw a 22.7% decrease in new listings, while houses took 19 days longer on average to sell compared to 2022. What else: Plano, Prosper and Rich- ardson saw increases in median sales prices in June compared to the year before, while McKinney, Frisco and Celina saw decreases, according to association data.

Ches to Savings! ® PLANO

ALLEN 1839 N Central Expressway (972) 908-3488

5930 West Park Blvd (972) 250-0500

EAST PLANO 3404 N Central Expressway (972) 423-6688

COIT ROAD 1453 Coit Rd (972) 867-2821

Store selections vary. Sale ends 8/31/2023. Photos for illustration only. Not responsible for typographical errors. SPECSONLINE.COM

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