Dallas Area Residential Sales Report – Allen Neighborhood – Heritage Park

Hello, and welcome to our market update for December 2024. I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to provide you with the latest data on the real estate market in Heritage Park, Allen, TX.

Let’s dive into the numbers. Currently, we have a 2.97 Months Supply of Inventory in Heritage Park. Over the last 12 months, we’ve seen a 30.84% increase in Months Supply of Inventory, indicating a shift in the market dynamics.

The List to Sold Price percentage stands at 98.8%, showcasing the strong demand for homes in this area. Sellers are receiving close to their asking price, which is great news for those looking to sell their home.

The median days on market is 39, indicating that homes are selling relatively quickly in Heritage Park. Buyers should be prepared to act swiftly when they find a home that meets their criteria.

Now, let’s talk about the numbers that everyone is interested in – the median sold price. As of December 2024, the median sold price in Heritage Park is $429,000. This figure provides valuable insight into the current market conditions and can help both buyers and sellers make informed decisions.

Thank you for dropping in to our market update for Heritage Park, Allen, TX. If you have any questions or are considering buying or selling a home in this area, feel free to reach out to me. I’m here to help you navigate the real estate market with confidence. Stay tuned for more updates in the future. Thank you and have a great day!