Dallas Area Residential Sales Report for October – Allen, TX
Slight uptick in sales. Prices jump.
Home sales rose a slight 3% but pending sales fell 19%. Not looking positive for November.The average sales price increased 32% while the median sales price climbed 23%. New listings were not much help only up 7%. Active listings were off 47% compared to last October. The months of inventory is now at 0.4 months.
Average Sales Price: $538,747
Median Sales Price: $465,000
Pending Sales: 116
New Listings 116
Active Listings: 55
Months of Inventory: 0.4 months
Information provided by The Texas Real Estate Center
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