Dallas Area Residential Sales Report for January – Allen, Texas

Hey there, everyone! It’s Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’ve got some exciting updates for you about the real estate market right here in Allen, Texas. So whether you’re a buyer, a seller, or just someone who loves keeping up with the latest trends, you’re in for a treat!

Let’s dive right in, shall we? As of January 2024, we currently have a 2.06 Months Supply of Inventory in Allen. That means there are plenty of opportunities out there for both buyers and sellers to make their move. And guess what? Over the last 12 months, our Months Supply of Inventory has seen a healthy increase of 13.81%. Talk about a hot market!

But wait, there’s more! Our List to Sold Price percentage is sitting pretty at 97.8%. That’s right, sellers are getting top dollar for their homes in this market. And with a median days on market of just 53, you can bet that things are moving fast around here.

Now, let’s talk numbers. The median Sold Price in Allen is currently $507,000. That’s not just a number, folks – that’s the value of homes in our beautiful city. So whether you’re looking to buy or sell, rest assured that you’re in good hands here in Allen.

So, what are you waiting for? Whether you’re ready to make a move or just curious about the market, reach out to me, Marie Walton, your trusted REALTOR® at Ebby Halliday REALTORS. Let’s make your real estate dreams a reality in Allen, Texas.

Thanks for tuning in, and until next time, happy house hunting!

 

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