All information below was taken from NTREIS, and is believed to be accurate. It was pulled up on March 11, 2008. It includes all properties in zip code 75013.
There are currently 334 active listings in West Allen, with the average list price $417,991, and the average list price per foot $115.
There are currently 52 homes under contract.
There have been 72 sales so far in 2008 in January and February. The average sales price is $341,224 and the average price per foot is $104.The average days on market in 2008 is 100.
There is an approx. 10 - 11 month absorption rate of inventory in West Allen. I like to see a 3 -4 month absorption rate. Basic economics tells me that homes prices will not be on the upswing until the absorption rate goes down. The good news is, we are coming on our busiest months of the year for real estate sales.
For specific information on your neighborhood and home, please contact me, Michelle Musick Jones, the #1 agent for Coldwell Banker in Collin County as well as the #1 agent for preowned listings sold in all of West Allen. I get results, and I know the market. Go to westalleninfo.com or contact me at 972.731.1222.
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