Sales were up by 8% in Allen during June. The average sales price increased 6% and the median sales price rose 5%. There was a large jump of 38% in the pending sales number. July is going to be another good month. New listings rose a strong 29% pushing the active listings up 16%. These increases pushed up the months of inventory to a whopping 1.8 months.
Sales: 181
Average Sales Price: 366,123
Median Sales Price: 328,950
Pending Sales: 183
New Listings: 200
Active Listings: 200
Months of Inventory: 1.8
Information provided by The Real Estate Center at Texas A&M
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