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Addison Texas Real Estate Sales up 15% in November 2011

By
Real Estate Broker/Owner with DFW Team Realty

Addison Texas Real Estate Sales were up 15% in November 2011 over the same month last year with 90 homes selling this month! For the year to date, overall home sales were at 1,012 homes sold, a -3% change from last year. Addison Texas Real Estate total dollar volume of homes sold this month was $356,078 which is a 41% change from this month last year. For the 2011 year to date, the total dollar sales were at $254,717,980, which is a 5% change.

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New Addison Texas Real Estate listings experienced a -19% change for the same period last year with 111 homes listed this month. For the year to date, overall home listings underwent a -13% change with 2091 homes listed this year. Listings pending sales this month underwent a 8% change, with 72 homes contracted. Listings under contract for the year to date experienced a -2% change, with 1043 homes under contract for this month.

The median sales price of Addison Texas Real Estate was $243,100, a 2% change from this month last year. Overall, for the year, the median sales price was $242,000 , a 2% change. Sellers received 96% of their asking price this month, which is a 1% change from last year. For the year to date, sellers received 96% of their asking price, which is a 0% change. This month, homes spent an average of 83 days on the market until sold, which was a 6% change from last year. For the year to date, the average number of days on the market was 86, an overall change of 8%.

The current supply of active listings on the market this month was 376 homes. This is a change of -26% from the same month last year. For the year to date, the supply of active listings on the market was 496, which is a -8% change. This month there was a 5.5 months’ supply of homes on the market; this was a -29% change from last year. For the year to date, there was a 7.3 months’ supply of homes on the market, which is a -11% change from the same period last year. The average price per square foot was $122 this month; a 12% change from last year. For the year to date, the average price per square foot was $114, a change of 0%

Addison Real Estate sales is known as Multiple Listing Service (MLS) area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of November 2011. DFW Team Realty provides month reports on Addison Real Estate Sales as well as Addison Foreclosures, Addison Short Sales, and Homes in Addison. Please visit our website at DFWTeamRealty.com for the latest information on Addison homes by price range and community. Search Addison Real Estate at Homes in DFW

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