Dallas Area Residential Sales Report for January - Allen TX
Sales in Allen for January were up 1%. The average sales price was also up 1% while the median sales price fell 5%. Pending sales declined 6%. The number of new listings were flat and the active listings were up 3%. Looking at all the numbers, the market was just not going anywhere. The months of inventory remains extremely low at 1.1 months. Buyers are having a difficult time finding a house to purchase.
Sales: 85
Average Sales Price: $343,326
Median Sales Price: $294,990
Pending Sales: 102
New Listings: 100
Active Listings: 133
Months of Inventory: 1.1
Information provided by the Real estate Center
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