Dallas Area Residential Sales Report for March – Allen, TX

Dallas Area Residential Sales Report for March – Allen, TX

Prices up. Inventory down!

Sales fell 8% but pending sales rose 28%. The average sales price saw a 12% rise while the median sales price climbed 16%. Buyers were snapping up higher priced prosperities. While we did see a 3% increase in the number of new listings, this did not help. With all the sales that occurred, the number of active listings declined by 88% taking the months of inventory down to 0.2 months.

Sales: 115

Average Sales Price: $452,786

Median Sales Price: 420,000

Pending Sales: 143

New Listings: 152

Active Listings: 26

Months of Inventory: 0.2 months

Information provided by The Real Estate Center

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.