Allen, Texas houses sold decline 2% this December

This month, there were 127 home sales in Allen, which is a 2% decline from a month ago. Houses sold year-to-date dipped 3% relative to the same period last year, with 1,543 properties sold.

Year-to-date new listings are at 1,772 overall, which is a 3% decline compared to the same period last year. New housing listings in Allen fell 10% this month, with 67 homes listed this month. During December, there were 73 homes currently listed in Allen, which is a 10% fall from the previous month. Year-to-date, housing sales fell 1% compared to the same month last year, with 1,529 properties sold during 2015. The average home sales price in Allen dropped 7% in December 2015 . Year-to-date, the average price for a house was about $328,327, which is a 8% gain from a year ago.

The percentage of asking price received by buyers in Allen climbed 0% during December, with percentage of asking price received at 98%. Year-to-date, the percentage of original list prices received climbed 1% relative to the same month last year, with buyers receiving 99% of their asking price. Year-to-date, houses sold decreased 1% relative to the same period last year, at 37 days on market until sale. The days on market until sale in Allen went down 32%, at 37 days on market until sale. The market supply of homes in Allen dipped 26% this month, the market supply of homes being 138 houses. This December there was a 1.1 month supply of homes on the market, which is a 24% decrease from a month ago.

Allen is one of many divisions reported on by the North Texas Real Estate Information System. The MLS Area for Allen is 51. The DFW area ecompasses 13 counties and two major metropolitan divisions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 quare miles. The DFW area is the most populous metropolitan region in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. It is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

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Allen Texas Real Estate December 2015

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