Allen TX Residential Sales Report for September
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.
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