
As summer approaches, Allen, TX’s real estate market remains hot. In May, townhome sales surged due to high demand for affordable housing, with an average selling price of $435,600. Buyers are eager to purchase in this thriving community, but low inventory levels present a challenge. Sellers are benefitting from multiple offers and selling above asking price. Despite tough competition, Allen’s top-notch schools, convenient location, and vibrant community continue to attract buyers. With low interest rates and a recovering economy, now is a great time to invest in a townhome in this sought-after suburb. The market in Allen is expected to remain dynamic and fast-paced in the coming months.
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