Dallas Area Residential Sales Report for June – Allen TX

Dallas Area Residential Sales Report for June – Allen TX

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Buyers were gobbling up Allen homes in June. Home sales were 17% higher while pending sales shot up 39%! The average sales price declined 4%. The median sale price fell 2%. New listings dropped by 11%. The big problem going forward is going to be the extreme shortage of properties available. With all the sale and pending sales the number of active listings shrank by 45% taking the months of inventory down o 1.2 months.

Sales: 165

Average Sales Price: $413,682

Median Sales Price: $388,700

Pending Sales: 189

New Listings: 139

Active Listings: 202

Months of Inventory:1.2

Information provided by The Real Estate Center

#RealEstateAllen #HomesForSaleAllen

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