Hello everyone, and welcome back to our monthly market update! I’m Marie Walton, a proud REALTOR® from Ebby Halliday, REALTORS, and today I am excited to bring you the latest insights on the real estate market here in the Fountain Park Addition in the beautiful city of Allen, TX.
As we dive into the numbers, I want to cater to both our buyers and sellers out there, so you can make informed decisions based on the current market conditions. So, let’s get started!
First up, let’s talk about inventory. Currently, we have a 2.65 Months Supply of Inventory in Fountain Park. Over the last 12 months, we have seen an increase of 18.83% in the Months Supply of Inventory. This means that while inventory is still relatively tight, there has been a slight increase in available homes for buyers to choose from.
Now, let’s shift our focus to pricing. The List to Sold Price percentage is an impressive 98.7%. This indicates that homes in Fountain Park are selling at a high percentage of their listing price, which is great news for sellers looking to maximize their returns.
Time is of the essence, and in Fountain Park, homes are spending a median of just 20 days on the market. This means that properties are selling relatively quickly, allowing sellers to move on to their next chapter with confidence.
Lastly, let’s touch on the median sold price. Currently, the median sold price in Fountain Park stands at $375,000. This serves as a benchmark for both buyers and sellers, providing valuable insights into the market’s overall health and stability.
So whether you’re a buyer looking to find your dream home or a seller considering listing your property, these market indicators are crucial in guiding your decisions. As always, it’s important to consult with a trusted REALTOR® who can provide personalized advice tailored to your specific needs.
Thank you for joining me today for this market update. If you have any questions or would like to learn more about the Fountain Park real estate market, please don’t hesitate to reach out. I’m Marie Walton, your dedicated REALTOR® from Ebby Halliday, REALTORS, and I’m here to help you navigate the exciting world of real estate. Until next time, take care and happy house hunt
Marie Sells Dallas 