Dallas Area Residential Sales Report for October – Allen TX
Home sales in Allen were up 8% in October but pending sales fell 13%. The average sales price dropped 8% while the median sales price declined 6%. New listings rose 19%. Active listings were a different story declining 1% and taking the months of inventory down to 2.7 months. 6 months is considered a balanced market.
Sales: 113
Average Sales Price: $357,636
Median Sales Price: $325,000
Pending Sales: 104
New Listings: 134
Active Listings: 319
Months of Inventory: 2.7
Information provided by The Real Estate Center
#AllenTX #homesforsaleAllen