Dallas Area Residential Sales Report for March – Allen TX

Allen Waterpark

Sales in Allen were up 12% in March as compared to last March. The average sales price dropped 6% while the median sales price declined 1%. Looks like most of these declines were in builders new homes. Pending sales are troubling down 14%. Not looking good for April sales. The number of new listings fell 16% taking the active listings down 6%. Not good news for buyers. The months of inventory now stands at 1.5 months.

Sales : 110

Average Sales Price: $404,512

Median Sales Price: $350,000

Pending Sales: 102

New Listings: 157

Active Listings: 181

Months of Inventory: 1.5

Information provided by The Real Estate Center

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