Inventory at all time low!
Dallas Area Residential Sales Report for December – Allen TX
Home sales were up 11% in December. However pending sales fell by 10% as buyers have a hard time dealing with the extremely low supply
The average sales price rose 10% and the median sales price climbed 11%. New listings had a 14% rise but this was not enough to offset the sales so the number of active listings declined by 79% taking the months of inventory down to 0.3 months.
Average Sales Price: $418,131
Median Sales Price: $372,720
Pending sales: 77
New Listings: 74
Months of Inventory: 0.3
Information provided by The Real Estate Center
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