Dallas Area Residential Sales Report for April – Allen TX

Dallas Area Residential Sales Report for April – Allen TX

Sales look like they slowed down a bit in the Allen area in April. Sales were down 1% but the pending sales fell 14%. That’s not good for May sales numbers. The average sales price increased 2% but the median sales price fell 5%. The new listings were up by 8%. Active listings took a jump up of 13%. While these numbers look helpful if you are a buyer, the months of inventory only rose to 2 months. That’s well short of the 6 months normally considered a balanced market. Allen is still a sellers market.

Sales: 115

Average Sales Price: $383,653

Median Sales Price: $332,500

Pending Sales: 132

New Listings: 180

Active Listings: 237

Months of Inventory: 2

Information provided by The Real Estate Center

#mariesellsdallas #realestate #homesforsale #Allen #Allenhomes

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