Allen Neighborhoods – Star Creek

Hello, and welcome back to my channel! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for the Starcreek neighborhood in Allen, TX as of July 2024.

Let’s dive into the numbers. Currently, we have a 2.58 Months Supply of Inventory in Starcreek. This means that if no new homes were listed, it would take 2.58 months to sell all the existing homes on the market. Over the last 12 months, we have seen a steady supply of homes available for buyers. 6 months is considered a balanced market and we are very far from that now.

Our List to Sold Price percentage is an impressive 94.8%, showing that sellers are receiving strong offers close to their asking price. The Median days on market is 24, indicating that homes in Starcreek are selling quickly. And finally, the Median Sold Price is $874,500, showcasing the desirability of this neighborhood.

Whether you’re a buyer or a seller, these numbers provide valuable insights into the current real estate market in Starcreek. If you’re looking to buy or sell in this area, now is a great time to make a move.

Thank you for tuning in to this market update. If you have any questions or are interested in buying or selling a home in Starcreek, feel free to reach out to me at 972-815197. Don’t forget to like and subscribe for more real estate tips and market updates. Until next time, happy house hunting!