February 2011 Real Estate Transactions for Addison TX
February 2011 saw 6 home sales in Addison at a median price of $288,500. The median price is down slightly from February 2010, which saw a median sales price of $305,000. Homes priced from $200,000-$300,000 were on the market for a shorter period of time before selling in February 2011 compared to February 2010. Homes priced from $300,000-$500,000 were on the market on average only 4 days before selling in 2010, which increased to 95 days in February 2011. As a percentage of list price, homes in February 2011 sold for less of their list price when compared to homes sold in February 2010. Homes priced from $200,000-$300,000 made up 50% of home sales in Addison in both February 2010 and 2011. Homes priced over $750,000 made up 25% of home sales in February 2010, and none in February 2011.
If you would like more information about moving to the Addison area, contact Brenda Mancil at 214-679-1772 or bmancil@remax.net!
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