Dallas Area Residential Sale Report for November – Allen, TX
Sales down sharply as buyers simply have nothing to buy.
Home sales fell 27% as compered to last November. Pending sales were off by 12%. The average sales price jumped 34% while the median sales price climbed 32%. There was a 23% increase in the number of new listings but these were snapped up quickly leaving the active listing down 45%. The months of inventory now stands at 0.2 months.
Average Sales Price: $547,382
Median Sales Price: $483,000
Pending Sales: 99
New Listings: 81
Active Listings: 22
Months of Inventory: 0.2 months
Information provided by The Texas Real Estate Center
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