Dallas Area Residential Sales Report for February -Allen, TX

This report compares February to January.

Single family sales jumped up 53.57% in February However Pending Sales had a small decline of 2.82%. The median sales price fell 2.16% and the average sales price was off by 5.68%. The ratio of sales price to original list price retreated by 1.06%. New listings came in with a increase of 22.03%, but the active listings dropped 12.75%. Days on market increased by   31,91% while the months of inventory retreated by 9.09%. There really not much inventory out there for buyers to choose from.

Sales: 84

Pending Sales: 69

Medina Sales Price: $508,750

Average Sales Price: $543,790

Ratio of Sales price to List Price: 93.6%

New Listings: 72

Active Listings: 89

Days on Market: 69

Months of Inventory: 1 month


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