Hey there, everyone! I’m Marie Walton, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for condos and town homes in Allen, Texas in November 2024. Whether you’re a buyer or seller, this information is for you!
Let’s dive into the numbers. Currently, we have a 5.49 Months Supply of Inventory in Allen. That’s up by 79.41% over the last 12 months. What does this mean for you? Well, it’s important to keep an eye on inventory levels as they can affect both buyers and sellers in different ways.
Next up, the List to Sold Price percentage is at 97.2%. This can give you a good idea of how competitive the market is right now. If you’re a seller, you might be able to get a good price for your home. And if you’re a buyer, you may need to be prepared to make strong offers.
The median days on market in Allen is 69. That’s the average amount of time it takes for a home to sell. So, if you’re thinking about putting your home on the market, this is something to keep in mind. And if you’re a buyer, you might need to act quickly when you find a home you love.
Lastly, the median Sold Price in Allen is $381,990. This can give you a rough idea of what the market looks like in terms of pricing. Of course, every condo or town home home is unique, so it’s always best to consult with a REALTOR® for personalized advice.
So, there you have it! A quick market update for Allen, Texas in November 2024. I hope you found this information helpful. If you have any questions or need assistance with buying or selling a property, feel free to reach out to me. I’ll see you next time!
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Marie Sells Dallas 