Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update for Condos and Townhouses in Allen, Texas in August 2024.
Currently, Allen has a 4.72 Months Supply of Inventory, showing a 14.56% increase over the last 12 months. This indicates a balanced market, providing both buyers and sellers with opportunities.
The List to Sold Price percentage in Allen is at a strong 96.8%, showing that homes are selling close to their listing prices. This is great news for sellers looking to maximize their return on investment.
The median days on market in Allen is 72, indicating that homes are selling relatively quickly. This is a positive sign for both buyers and sellers, as it shows a healthy level of demand in the market.
Lastly, the median sold price in Allen is currently $440,000. This is a strong indicator of the overall health and stability of the market, making it an attractive option for both buyers and sellers.
Thank you for tuning in to this market update for Allen, Texas. If you have any questions or are interested in buying or selling a condo or townhome in this area, feel free to reach out to me at the phone number or email below. Stay informed, stay engaged, and happy house hunting!
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Marie Sells Dallas 