Dallas Area Residential Sales Report for November – Allen TX

Dallas Area Residential Sales Report for November – Allen TX

Celebration Park

Well Allen bucked the trend in November. Sales were up 17%compared to last year. Pending sales however, told a different story off by 20%. not a good sign for December. The average sales price increased 3%. The median sales price rose 2%. New listings jumped 50% while the active listings came in 59% higher. As in other areas we have to remember that these numbers are a comparison to last November when listings were very low. Looking at the months of inventory gives you a better picture of available homes and in now stands at 2.9 months. This is a low number and Allen is well in the seller category.

Sales: 127

Average Sales Price: $372,415

Median Sales Price: $337,000

Pending Sales: 89

New Listings: 123

Active Listings: 303

Months of Inventory: 2.9

Information provided by The Real Estate Center

#mariesellsdallas #AllenHomes #AllenTX #AllenRealEstateAgent

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