Hello everyone, and welcome back to my blog. I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and today I have an exciting market update on condos and townhomes for all you buyers and sellers out there in Allen, Texas.

Let’s dive right into the numbers. As of May 2024, we currently have a 4.17 Months Supply of Inventory in Allen. This is a slight increase of 25.23% over the last 12 months, indicating a healthy market with plenty of options for both buyers and sellers.

The List to Sold Price percentage is an impressive 98.3%, showing that sellers are receiving strong offers and buyers are willing to pay close to asking price for their dream homes.

The median days on market is just 19 days, meaning that homes in Allen are selling quickly. This is great news for sellers looking to move their properties fast.

And finally, the median sold price in Allen is $433,500. This shows that the market is strong and home values are holding steady.

Overall, the condo and townhome market in Allen, Texas is looking bright. Whether you’re looking to buy or sell, now is a great time to make your move. If you have any questions or are interested in buying or selling in the Allen area, feel free to reach out to me at Ebby Halliday REALTORS.

Thank you for dropping by, and I’ll see you in the next update. Happy house hunting!