Hello everyone, I’m Marie Walton, REALTOR® with Ebby Halliday REALTORS, here to bring you the latest market update on condos and town homes for September 2024 in Allen, Texas.
Let’s start with the Months Supply of Inventory. Currently, we have a 6.38 Months Supply of Inventory in Allen. This means that if no new condos or town homes were to come on the market, it would take 6.38 months to sell all the existing homes. Over the last 12 months, the Months Supply of Inventory has increased by 45.66%.
The List to Sold Price percentage is currently at 96.5%. This means that on average, condos anf town homes in Allen are selling for 96.5% of their list price.
The median days on market in Allen is 36 days. This is the amount of time it takes for a condo or town home home to go from being listed on the market to being sold.
And finally, the median sold price in Allen is $460,000. This is the price at which half of the condos and town homes sold for more and half sold for less.
So, there you have it, the latest market update for Allen, Texas in September 2024. If you’re thinking about buying or selling a condo or town home, be sure to keep these numbers in mind. And as always, if you have any questions or need assistance, feel free to reach out to me. Thanks for dropping in!
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Marie Sells Dallas 