Dallas Area Residential Sales Report – Condos Allen, Texas

The condominium sales market in Allen, TX, during August 2025 is demonstrating a shift towards a more balanced environment. The intense competition that characterized previous years has moderated, providing a more approachable landscape for potential buyers. The supply of available condos has increased, which has given buyers more options and has reduced the pressure to act immediately.

This increase in inventory has also influenced the time it takes for a property to sell. Condos are remaining on the market for a longer duration compared to a year ago, allowing for a more deliberate homebuying process. Sellers are finding they are less likely to receive multiple offers and must be more strategic with their pricing to attract a buyer. The average sale price is also moving more closely to the list price, with a greater number of sales closing below the original asking price. Overall, while the market remains active, it has transitioned from being dominated by sellers to one where a healthier equilibrium between supply and demand exists.