Allen Real Estate Market Hits Contracts Low Point

The Allen market seems to be approaching a low. The number of contracts executed fell to 78, the lowest levels since January. Sales are also trending downward, sliding to 104 homes sold over the last 30 days. In comparison, McKinney had 167 contracts executed in the same time frame, the most of all nearby cities. The median sales price in Allen stayed flat at $285,000 while months of inventory shot up to four.

Curious as to which homes have been getting the most attention in Allen? These listings have stirred up interest and produced the most views:

$225K   $688K   $389K  

Get started right now by checking out Allen homes for sale or reviewing Allen real estate trends.

Demographic facts for Allen:

  • There are 3.5% vacant homes.
  • The area gets 232 sunny days a year. (U.S. average: 205)
  • The annual job growth rate is 1.32%.
  • The student-to-librarian ratio is 595:1. (803:1 = national average)

Data reported through 10/13/2016


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Texas Home Finders
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Providence Group Realty
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Nord Realty
Snapped 402 homes in this area

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