Dallas Area Residential Sales Report for January – Allen TX

Dallas Area Residential Sales Report for January – Allen TX

Allen fell in line with most of her neighbors with home sales down 21%. Pending sales fell 16%. The average sales price increased 5% while the median sales price rose 4%. New listings climbed 19%. Active listings took a 102% jump as compared to last January when listings were very low.  Looking at the months of inventory which stands at 2.6 months one can see that we still have a shortage of properties on the market.

Sales: 63

Average Sales Price: $358,556

Median sales Price: $299,500

Pending Sales: 86

New Listings: 119

Active Listings: 232

Months of Inventory: 2.6

Information provided by The Real Estate Center

#mariesellsdallas #AllenTX #Allenhomes #AllenRealEstateAgent

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.