
Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for Allen, Texas in June 2024. Whether you’re a buyer looking for your dream home or a seller wanting to make a move, this information is for you!
Let’s dive right in, shall we? Currently, we have a 4.34 Months Supply of Inventory in Allen. That means there are enough homes on the market to last 4.34 months at the current pace of sales. And guess what? Over the last 12 months, that number has increased by a whopping 82.35%!
When it comes to pricing, homes in Allen are selling for an average of 98.9% of their listing price. That’s great news for sellers who are looking to get top dollar for their homes!
If you’re wondering how long it takes to sell a home in Allen, the median days on market is 32. That’s less than a month, folks! Homes are moving quickly in this market.
And finally, the moment you’ve all been waiting for – the median sold price in Allen is currently $610,000. That’s the benchmark for what you can expect to pay for a home in this area.
So there you have it, folks! The real estate market in Allen, Texas is hot right now, with homes selling quickly and prices on the rise. If you’re thinking of buying or selling in this area, now is the time to make your move!
Marie Walton: As always, if you have any questions or would like more information, feel free to reach out to me. I’m here to help you every step of the way. Thanks for tuning in, and happy house hunting! 🏡
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