Allen TX Residential Sales Report for June
Sales slowed in Allen
Not sure what happened in Allen in June but sales fell 12% and pending sales were even worse dropping 24%. Unless there are a lot of sales in July we sill see 2 months of down sales numbers and that has not happened in a very long time. The average sales price rose 6% as did the median sales price. The number of new listings dropped 3% but with the drop off in sales, the active listings increased 34%. while this is good news for buyers, the months of inventory is still hard over into the sellers side with only a 2.4 month supply.
Sales: 151
Average Sales Price: $388,698
Median Sales Price: $347,600
Pending Sales: 139
New Listings: 214
Active Listings: 294
Months of Inventory: 2.4
Information provided by The Real Estate Center
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