Dallas Area Residential Sales Report – Allen, Texas

Hey there, everyone! I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, and I’m here to give you a quick market update for October 2024 in Allen, Texas. Whether you’re a buyer or seller, this information is important for you to know!

Let’s dive into the numbers. Currently, we have a 3.65 Months Supply of Inventory in Allen. That means if no new homes were listed, it would take 3.65 months to sell all the current homes on the market. Over the last 12 months, we’ve seen a 27.18% increase in Months Supply of Inventory, so it’s something to keep an eye on.

Next up, our List to Sold Price percentage is at 98%. This tells us that homes in Allen are selling pretty close to their list price, which is great news for sellers looking to maximize their return.

The median days on market in Allen is 40 days, which means homes are selling relatively quickly in this area. And the median Sold Price is $600,000, giving you an idea of the average price point for homes in Allen.

So, whether you’re thinking about buying or selling in Allen, these numbers can help you make informed decisions. If you have any questions or want to know more about the current market trends, feel free to reach out to me at the phone number or email ddress below.

Thanks for stopping in, and I’ll catch you next time for more market updates! Happy house hunting, everyone!