Below are the current market information and sales for Allen, TX in May 2008. Sales are down significantly in Allen in May 2008 versus the same time last year but the average sales price is up. The increase in sales price is due to the new neighborhoods that are developing on the west side of Allen including Star Creek, Waterford Park and Twin Creeks. Most of these neighborhoods start at $300K and up.
Contact me if you are interested to know how this sales data affects your next home sale or purchase.
| May 2008 | . | May 2007 | ||
| Sold Volume | $33,082,914.00 | . | Sold Volume | $44,731,520 |
| # of Sales | 130 | # of Sales | 192 | |
| Avg. Price | $254,483.00 | Avg. Price | $232,976 | |
| New Listings | 190 | New Listings | 255 | |
| Average Days on the Market - May 2008 | ||||
| 0 - $100K | . | 105 | ||
| $101K - $150K | 79 | |||
| $151K - $200K | 68 | |||
| $201K - 300K | 64 | |||
| $301K - $500K | 126 | |||
| $501K - $750K | 110 | |||
| $751K + | 146 | |||
| Sale Price as a Percentage of List Price | ||||
| 0 - $100K | 92.4% | |||
| $101K - $150K | 98.7% | |||
| $151K - $200K | 99.0% | |||
| $201K - 300K | 97.7% | |||
| $301K - $500K | 95.9% | |||
| $501K - $750K | 97.4% | |||
| $751K + | 95.4% | |||
| Percent of Sales by Price Range | ||||
| 0 - $100K | 3.8% | |||
| $101K - $150K | 23.8% | |||
| $151K - $200K | 23.8% | |||
| $201K - 300K | 25.4% | |||
| $301K - $500K | 13.8% | |||
| $501K - $750K | 6.9% | |||
| $751K + | 2.3% | |||
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