Dallas Area Residential Sales Report for December - Allen TX
Sales in Allen for December were only up 1% but the pending sales saw a 17% increase. We have seen this trend in several of the norther suburbs. Just some normal gyrations in the market. The average sales price rose 9% while the median sales price climbed 6%. The number of new listings fell 10% as compared to last December. The active listings were up 10%. The months of inventory remains very low standing at 1.2 months. It's difficult for buyers!
Sales: 128
Average Sales Price: $373,392
Median Sales Price: $313,330
Pending Sales: 90
New Listings: $70
Active Listings: $148
Months of Inventory: 1.2
Information provided by The Real Estate Center
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