Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for Allen, Texas in May 2024.
Currently, Allen has a 3.68 Months Supply of Inventory, which is a significant increase of 86.8% over the last 12 months. This means there are more homes available for buyers to choose from. The market remains tilted to the sellers side.
The List to Sold Price percentage in Allen is an impressive 99.7%, showing that sellers are getting very close to or over their asking price.
The median days on market in Allen is just 24 days, indicating that homes are selling quickly in this area.
The median sold price in Allen is $627,500, reflecting the strong demand for homes in this market.
Whether you’re a buyer or a seller, now is a great time to make a move in Allen. If you’re thinking about buying or selling a home, I’m here to help you navigate the market and achieve your real estate goals.
Thank you for dropping in on this market update. If you have any questions or would like more information, feel free to reach out to me. I look forward to assisting you with all your real estate needs. Thank you and have a great day.