Dallas Area Residential Sales Report for August – Allen, TX

Sales were down hard in Allen during August. Off 24%. Pending sales weren’t much better down 16%. September is not looking positive. The average sales price did increase by 6% but the median sales price was flat. The number of new listings fell 3%. Active listings were 30% higher than last August. The months of inventory moved up to 3.6 months.

Sales:122

Average Sales Price: $391,402

Median Sales Price: $339,500

Pending Sales: 109

New Listings: 166

Active Listings: 397

Months of Inventory: 3.6

Information provided by The Real Estate Center

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