MARKET UPDATE: Addison's Midway Meadows Subdivision, Single Family Homes 1/1/09 - 6/30/09
(The duplex homes in Midway Meadows are not included in this update.)
There are currently 3 homes on the market, ranging from $210,000 to $315,000. There were 4 sales in the neighborhood in the first 6 months of 2009, with $114.32 being the average price per sq. ft. (down from $122.26 for the prior 6 month period). Homes sold from a low of $188,000 to a high of $212,000. The highest sale was at $130.76/sq. ft. (down from $137.30/sq. ft. in the prior 6 month period). Higher priced sales typically reflect updated homes.
Please call me for a FREE MARKET ANALYSIS and suggestions on getting your home ready to go on the market. Now is a great time to sell because there is so little competition in the Midway Meadows subdivision! With only 75 active properties on the market in all of Addison (28 are single family homes), this is the time to sell while inventory is low!
Historical Perspective for Midway Meadows Single Family Homes:
|
|
7/07 - 12/07
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1/08 - 6/08
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7/08 - 12/ 08
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1/09-6/09
|
|
Lowest List Price
|
$179,900
|
$222,500
|
$194,900
|
$210,000
|
|
Highest List Price
|
$258,000
|
$299,900
|
$199,900
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$315,000
|
|
# Sales
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2
|
6
|
2
|
4
|
|
Avg. $/SqFt
|
$94.63
|
$120.09
|
$122.26
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$114.32
|
|
Lowest Sales Price
|
$173,000
|
$175,000
|
$215,000
|
$188,000
|
|
Highest Sales Price
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$203,450
|
$246,000
|
$220,500
|
$212,000
|
|
Highest $/SqFt
|
$96.33
|
$142.94
|
$137.30
|
$130.76
|
Looking to purchase a home in Addison? With mortgage rates so low, now is the time to buy!
The Midway Meadows subdivision in Addison, Texas is located one block south of Belt Line Road, west of Midway Road, within walking distance of restaurants, entertainment and shopping. The following streets are in the subdivision: Le Grande, Pokolodi, Leadville, Rush, Dome, Bobbin, Sherlock, and Winter Park. Of 
the 202 homes in the neighborhood, 104 of them are in the Addison Timbers Homeowners Association.
As an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison. Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the Midway Meadows garden homes are ideally situated.
I work with buyers and sellers. Call me for your Addison real estate needs. (I also serve most of the North Dallas area, including Plano, Far North Dallas, Carrollton, Farmers Branch, Coppell .... and more).
Lorrie Semler, e-PRO, GRI, SRES
Addison Resident/Addison Specialist
Keller Williams - Dallas North
972-416-3417
www.LorrieSemler.com
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