Dallas Area Residential Sales Report for January – Allen TX

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

#allen #realestate #homesforsale

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