Dallas Area Residential Sales Report for November – Allen, TX

Allen has the smallest inventory in North Texas

Dallas Area Residential Sales Report for November – Allen, TX

Home sales were 42% higher in November than last November. Pending sales were down 2% due to the shortage of available houses. The average sales price increased 7% and the median sales price rose 3%. Now for the problem,. New listings fell 29%and active listings were down by 82%. The months of inventory now stands at 0.4 months. This market has way to many buyers for the homes that are available.

Sales: 143

Average Sales Price: $409,541

Median Sales Price: $367,500

Pending Sales: 113

New Listings: 72

Active Listings: 47

Months of Inventory: 0.4 months

Information provided by The Real Estate Center

 

#mariesellsadallas #RealEstateAllen #HomesForSaleAllen

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