Ken Oenbrink - NTX Property Watch Report

Allen, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Allen, TX

Sat Sep 21 2019
This week the median list price for Allen, TX is $479,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 396. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Allen, TX

Sat Sep 21 2019
This week the median list price for Allen, TX is $479,900 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 396. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Allen market.
Median List Price $479,900
Per Square Foot $149
Days on Market 93
Price Decreased 62%
Price Increased 3%
Relisted 8%
Inventory 396
Median House Rent $1,945
Most Expensive $2,399,000
Least Expensive $195,000
Market Action Index
Slight Seller's Advantage
38

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
$785,000 4,675 0.5 - 1 acre 5 4 5 2 6 133
$589,000 3,849 8,000 - 10,000 sqft 4 4 10 9 15 98
$418,700 3,073 6,500 - 8,000 sqft 4 3 16 9 11 80
$309,000 2,216 6,500 - 8,000 sqft 4 2 23 10 27 62