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Home > Local Real Estate Markets > Allen TX  May 2010 Sold Homes Housing Market Report

 

In May 2010, Allen TX sold 136 homes for $30,652,368. These includes single-family homes, townhomes and duplexes in the City of Allen TX.

January 2010 = 60 Allen TX homes sold
February 2010 = 75 Allen TX homes sold
March 2010 = 105 Allen TX homes sold
April 2010 = 151 Allen TX homes sold

May 2010 = 136 Allen TX homes sold
$30,652,368

 

Allen TX homes for saleWhen compared to the same time last year (2009), Allen TX sold 102 homes. The May 2010 sales figures are UP 25% from the previous year. The significant positive increase in the Allen TX housing is definitely as a result of the First Time and Repeat Buyer home tax credits.

The lowest priced home sold for $67,250 in Allen TX 75002. This was an older home - built in 1971 with 3-bedrooms, 2 bathrooms and just over 1,100 square feet. It took 12 days to sell. It is a lender-owned property.

The highest priced home was sold in Twin Creeks for $800,000 - a former Toll Brother's model home on a cul-de-sac in a master planned golf community. The home is sold with its furniture and furnishings. Dual kitchen, media room, luxury bathroom upgrade and covered patio are some of the home's features. It took 16 days to sell.

The average home in Allen TX is $225,385, a 4 bedrooms, 2 1/2 bathrooms, 2,664 square feet. The average price per square feet is $92/sq.ft. The average days on market to sell is 67 days.

The median home sales price in Allen TX is $186,055, which means half of the homes sold in Allen TX in May 2010 sold for less than $186K and half of the 136 Allen TX homes sold for more than $186K.

Here is the snapshot of the homes sold in Allen by PRICE RANGE for May 2010:

  Price Range No. of Homes Sold Percentage of Homes Sold
  Less than $100K 6 4%
  $100K - $199,999 65 48%
  $200K - $299,999 34 25%
  $300K - $399,999 23 17%
  $400K - $499,999 4 3%
  $500K - $999,999 4 3%
  $1 Million & up 0 0%

 

Current conditions of Allen TX homes for sale market:

There are currently approximately 451 homes for sale in Allen TX. They range from an older single story home at $89,000 single-story home built in 1972 at Hillside Village. The most expensive home in Allen TX is a Mediterranean estate for almost $2.3 Million at Wimberley Place (part of the Twin Creeks development) - a 7,000 square feet Bob Bobbitt Custom Home.

Pending home sales in Allen TX is UP TWICE in May 2010. 93 homes are pending contracts in May 2010 while in May 2009, only 46 homes have a pending status. The First Time Home Buyer and Repeat Buyer tax credits definitely spurred the Allen TX housing market economy.

 

 

Check out Homes for Sale in Allen TX:

 

 

 

 

 

 

FEATURED LISTINGS
 

FRISCO Home, TX Real Estate Listing

Meadow Hill Estates Frisco TX Home for Sale
4 bedrooms, 3 baths, approx 3071 sq. ft.

$239,900

 

Frisco Home, TX Real Estate Listing

3 bedroom + Study home in Hillcrest Estates
3 bedrooms, 2 baths, approx 1925 sq. ft.

$179,900

 

Frisco Home, TX Real Estate Listing

Panther Creek Estates Home for Sale
3 bedrooms, 2 baths, approx 1894 sq. ft.

$178,900

 

Frisco Home, TX Real Estate Listing

Hardwood Floor, Granite + More
4 bedrooms, 2 baths, approx 2795 sq. ft.

$219,900

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*Rates subject to change without notice

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Loreena Yeo - Realtor(R) in Frisco TX | Broker
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Loreena Yeo is the broker of record of
3:16 team REALTY to practice real estate in Frisco & surrounding cities (State of Texas). Texas Real Estate Broker License Number #0507884.

CLIENT TESTIMONIALS

Read about what our satisfied clients have to say:

When she arrived for our appointment, we went through the normal preliminary procedures and all was fine. Then she surprised us. She had already done most of the work and only needed to take a few pictures of the inside and determine the price that we would be comfortable asking. She also spent a great deal of time explaining to us how the whole sales process work and what we could expect.

Eric & Tomoko Quere, Plano TX

 

Ultimately, Loreena introduced us to the house we bought--it was not one we found from our own hours of searching web listings--based on the the comments we had made while we visited these different homes. This is a testimony to her ability to listen well and to work proactively on our behalf.

Jenn & Glen Miller, Denton TX

We were completely impressed with Loreena. She helped us find and buy a home in Frisco. We have very high expectations from a realtor and she surpassed them. Knows her market extremely well, not just the technical market pricing data, but the nuances of all the neighborhoods as well. One of the most responsive and professional persons I've met in my entire business career.

Ruth & Jerry Meek, Frisco TX

I just want to thank you again for your help in selling our house. In this tough economy and market, I really didn't expect to get an offer. But you counseled me so well in pricing the house to sell and yet not letting me accept an offer that was too low. I believe we got the best deal we could have. I was so pleased and surprised with what we walked away with.

Sally & Phillip Barnard, Frisco TX

 


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