Sales in Allen bucked the trend and were up by 8% in July. The average sales price rose 4% while the median sales price increased by 8%. Sales continue to be concentrated in the upper price ranges. Pending sales were up a slight 1%. The number of new listings fell 19% while the active listings declined 7%. These declines caused the months of inventory to fall to 1.9 months. It's even more a Seller's Market in Allen.
Sales: 169
Average Sales Price: $356,607
Median Sales Price: $322,500
Pending Sales: 118
New Listings: 178
Active Listings: 242
Months of Inventory: 1.9
Information provided by The Real Estate Center at Texas A&M
No comments:
Post a Comment