As we analyze the current real estate market data for the Twin Creeks Neighborhood of Allen, we can see a correlation between these key metrics that can provide valuable insights for both buyers and sellers.

The Months Supply of Inventory is 3.16, indicating a relatively low level of inventory available on the market. This means that there is strong demand for homes compared to the supply, which can potentially lead to a competitive market for buyers.

The 12-Month Change in Months of Inventory is +46.3%, showing a significant increase in inventory levels compared to the previous year. This could suggest a shift towards a more balanced market, giving buyers more options to choose from.

The Median Days Homes are On the Market is 20, indicating that homes are selling relatively quickly. This could be attributed to the low inventory levels and high demand in the market.

The List to Sold Price Percentage is 99.9%, showing that homes are typically selling very close or over their listing price. This could indicate a strong seller’s market where buyers may need to be prepared to make competitive offers.

Lastly, the Median Sold Price is $755,000, showcasing the average price at which homes are selling in the current market. This information can help both buyers and sellers understand the pricing trends in the area and make informed decisions.

In conclusion, these metrics provide a comprehensive overview of the current real estate market conditions, indicating a competitive market with low inventory levels, quick sales, and strong pricing. Buyers may need to act fast and be prepared to make competitive offers, while sellers may benefit from the current market conditions to maximize their sale price.