Altos Market Data for Realtors

Allen, TX

Single-Family Homes

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Allen, TX

Fri Mar 29 2024
This week the median list price for Allen, TX is $699,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 139. Click here to stay informed with the Allen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Allen, TX

Fri Mar 29 2024
This week the median list price for Allen, TX is $699,000 with the market action index hovering around 54. This is about the same as last month's market action index of 54. Inventory has increased to 139. Click here to stay informed with the Allen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Allen market.
Median List Price $699,000
Median Price of New Listings $690,000
Per Square Foot $251
Average Days on Market 70
Median Days on Market 28
Price Decreased 35%
Price Increased 4%
Relisted 11%
Inventory 139
Median Rent
Market Action 54
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,662,444 5,267 1 - 2.5 acres 5 4.8 10 5 1 49
$828,072 3,443 8,000 - 10,000 sqft 4 3.5 21 8 6 28
$600,000 2,817 6,500 - 8,000 sqft 4 2.5 24 5 8 28
$396,900 1,620 6,500 - 8,000 sqft 3 2 40 9 11 35