Dallas Area Residential Sales Report for March - Allen TX
Homes sales were positive in Allen for March but not by much. Only up 1%. Pending sales however, showed a different story up 43%. Looks like April is setting up to be a good month. The average sales price eked out a 1% gain while the median sales price rose 5%. The number of new listings rose 24%. Active listings climbed 60% compared to last March when inventory were very low. The months of inventory is now at 2.8 months. That's really not a lot home homes to choose from.
Sales: 101
Average Sales Price: $407,171
Median Sales Price: $366,750
Pending Sales: 146
New Listings: 159
Active Listings: 289
Months of Inventory: 2.8
Information provided by The Real Estate Center
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