The just released market report for home sales in Allen, Texas is further evidence of the continuing momentum in the local housing market. Sale prices are up and inventories are down as compared to December 2012 numbers. Here are the latest results and the percent of change as compared to last year.
New Listings 61 Percent of change 7% Sales 102 Percent of change 9% Average Sales Price $284,850 Percent of change 16% Sold Price To Listed Price 97% Percent of change 0% Average Days On Market (DOM) 38 Days Percent of change -25% Months Inventory 1.1 Month Percent of change -36%
The local Allen market as well as the DFW market in general will continue to be very active as high demand and low inventories of available homes will continue into 2014. Multiple offers will also continue to more of the norm and less of the exception in today's market. More than ever, it pays to speak with your mortgage lender first and have your pre-approval letter in hand. Source: NTREIS, Texas A&M Real Estate Center, Old Republic Title
FAT TUESDAY – Day Before Ash WednesdayFat Tuesday – Day Before Ash
"Jenny bishop is a kind soul. Her sweet spirit coupled with honest nature, allow her to be a pleasure to work with in the process of finding the perfect home. Displaying both patience and integrity, jenny takes the time to listen to what you are specifically looking for, adds in her expertise and then presents you with the best options for the future. When looking for that new home or change of scenery, jenny is the person to turn to. She puts forth every effort to find the perfect place for you and your family; you know she is personally connected to the process. I am thankful for her business ethic and personal commitment! Jenny bishop makes the home buying and renting experience comfortable, attainable and easy!