Sales were up sharply!
Single-Family:
Sales jumped up 23% in august as compared to a year ago. The average sales price declined 1% while the median sales price rose 5%. A little gyration in the makeup of the sales. Pending sales eked out a 1% increase. The number of new listings increased by 3% and the active listings were up by 2%. The months of inventory now stands at 1.7 months. Not a great supply. Allen is very much tilted to the Seller side.
Sales: 179
Average Sales Price: $341,199
Median Sales Price: $316,500
Pending Sales: 140
New Listings: 163
Active Listings: 219
Months of Inventory: 1.7
Information provided by The Real Estate Center at Texas A&M
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