Sales in Allen for September were off by 1%. The average sales price rose 6% while the median sales price was up 8%. Pending sales look good up 13%. The number of new listings fell 11% and the but the active listings climber 17%. The months of inventory now stands at 2.9 months well short of the 6 months considered a balanced market.

As of this writing, there were 9 homes for sale in the Allen area under $200,000. New builds account for 26% of the active listings.

Sales: 122

Average Sales Price: $376,198

Median Sales Price: $318,250

Pending Sales: 116

New Listings: 147

Active Listings: 307

Months of Inventory: 2.9

Information provided by The Real Estate Center