Sales in Allen were up by 16% in September. The average sales price increased by 13% while the median sales price was up by 7%. Pending Sales were up by a strong 38% which means we can look forward to a strong October sales number. The number of new listings declined by 4% . Not helping on the supply side. the number of active listing was up by 4% but with the high demand this inventory will only last 1.8 months.
Sales: 134
Average Sales Price: $316,043
Median Sales Price: $280,000
Pending Sales: 127
New Listings: 115
Active Listings: 214
Months of Inventory: 1.8
Information provided by the Real Estate Center at Texas A&M
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