Dallas Area Residential Sales Report for January - Allen TX
Allen fell in line with most of her neighbors with home sales down 21%. Pending sales fell 16%. The average sales price increased 5% while the median sales price rose 4%. New listings climbed 19%. Active listings took a 102% jump as compared to last January when listings were very low. Looking at the months of inventory which stands at 2.6 months one can see that we still have a shortage of properties on the market.
Sales: 63
Average Sales Price: $358,556
Median sales Price: $299,500
Pending Sales: 86
New Listings: 119
Active Listings: 232
Months of Inventory: 2.6
Information provided by The Real Estate Center
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