Dallas Area Residential Sales Report for July – Allen, TX
Prices up sharply as sales fall.
Single family home sales fell 21% compared to last July. Pending sales were off by 17%. not positive for August. The average sales price shot up 21% as did the median sales price. There was a 9% increase in the number of new listings but the active listings still came in 52% lower. The months of inventory at 0.6 months is one of the lowest in the area.
Average Sales Price: $521,778
Median Sales Price: $474,400
Pending Sales: 149
New Listings: 178
Active Listings: 81
Months of Inventory: 0.6 months
Information provided by The Texas Real Estate Center
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