Dallas Area Residential sales Report for June -Allen, TX
Same old story. Shortage of supply. Prices up.
Sales of single family homes rose 6% in June. however, pending sale fell 8%. The average sales price climbed 29% compared to last June. Median sales price was up 28%. While we did see a small 3% increase in the number of new listings, active listings declined 66%. The months of inventory stands at 0.5 months.
Average Sales Price: $538,420
Median Sales Price: $499,060
Pending Sales: 174
New Listings: 185
Active Listings: 68
Months of inventory: 0.5
Information provided by The Texas Real Estate Center
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