Market Report for Allen Texas - November 2010
Allen Texas experienced an increase in average sales price by 15.2% over last year. This higher sales price comes at a steep price with properties taking an average of 99 days on market. This is a 33.8% increase over last year at this time. There are also more homes on the market for sale than last year and 34.2% less homes have closed.
All this data taken together with the fact that interest rates are rapidly rising are indicators pointing to a prime buying opportunity. Home prices are at lows and interest rates are still extremely low when you look at their historic prices. Keep in mind you need a REALTOR that knows your local market and what makes it unique. Deb and I are pleased to serve Allen and would love to help you sell or buy a home in this beautiful town.
Currently Available Homes in Allen, we also have a page dedicated to some great communities in Allen, TX. Give them a look: Homes in Allen for 100k-150k, Homes in Allen for 150k-175k, Summerfield in Allen Tx.
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