Allen Neighborhoods – Starcreek

Hi everyone, I’m Marie Walton with Ebby Halliday REALTORS, and I’m here to give you a market update for Starcreek in Allen, TX for August 2024.

Currently, we have a 2.3 Months Supply of Inventory in Starcreek. This means that if no new homes were to hit the market, it would take 2.3 months to sell all the current homes. Over the last 12 months, we’ve seen a significant increase of 130% in Months Supply of Inventory, indicating a shift in the market. However we are still heavily tilted to the sellers side.

The List to Sold Price percentage in Starcreek is currently at 97.2%. This means that on average, homes are selling for 97.2% of their list price. This is great news for sellers as it shows that homes are still selling close to their asking price.

The Median days on market in Starcreek is 26 days. This means that on average, homes are selling within a month of being listed. This is a good indicator of a healthy and active market.

And finally, the Median Sold Price in Starcreek is $1,238,000. This is the midpoint of all the homes sold in the area, and it gives you an idea of the overall market value.

So there you have it, a market update for Starcreek in Allen, TX for August 2024. Whether you’re looking to buy or sell, now is a great time to make a move in this area. If you have any questions or need assistance, feel free to reach out to me at the phone number or email below. Thanks for dropping in and happy house hunting!