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Real Estate Market Report for Addison, Texas: November 2014

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Report for Addison, Texas: November 2014

 

Residential Real Estate For Sale in Addison TexasAddison Real Estate For Sale

 

The total number of available residential properties for sale in Addison, Texas is 37 (down from 47 last month). Currently for sale, there are:

 

  • 16 single family homes (plus 2 that are under contract, in option).
  • No half-duplexes (with 1 in option).
  • 12 condos (plus 2 in option).
  • 9 townhomes (plus 1 in option).
  • 33 of the homes above have been on the market for longer than 30 days.
  • The average number of days on the market for the “active” status homes is 124 days, up from 67 days last month. The median number of days is 102, up from the 54 day median last month. These numbers are skewed due to incomplete new construction at Meridian Square.

 

New listings in November

 

Only 10 homes came on the market in Addison, TX in November 2014, down from 24 the previous month.

 

Subdivision

Street

Bed/Bath/Gar

Sq Ft

Price

Status

CONDOS

 

 

 

 

 

District A

Spectrum

3/3/2

2209

$345,000

 

District A

Spectrum

3/3/2

2153

$280,000

Option

District A

Seabolt

2/2.1/2

1922

$274,000

 

District A

Parkview Pl.

2/2.1/2

1818

$269,000

Pending

Meridian Square

Meridian Lane

2/2.1/2

1966

$339,900

 

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Everwood

4/3.1/2

2317

$320,000

 

Town Homes of Addison

Berklee

3/3/2

1958

$259,000

 

Town Homes of Addison

Eastman Way

2/2/2

1422

$225,000

Temp off Market

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Knots Landing

3/3/2

2160

$244,900

Option

Oaks North

Oaks North Pl.

3/3/2

2556

$519,000

 

 

Search for Addison real estate:
If you are looking for an Addison home, use the following links to see what’s available. Once you've done your online search, give me a call to discuss the purchasing process and buyer representation.  You're on your way to owning an Addison home.

 

Addison Townhomes For Sale

 

Addison Condos For Sale

 

Addison Duplexes For Sale

 

Addison Single Family Homes For Sale

 

Addison Land/Lots For Sale

 

Properties Scheduled to Close

 

There are 10 sales in the pending status (up from 7 last month).

 

November Sales

 

Nine Addison homes sold/closed in November. This is down from the 15 that closed in October. The average number of days on the market for these homes was 63 days, down from the 69-day average the prior month. The median number of days on the market was 37 days, down from last month’s median of 51 days. The average price per square foot of the homes that sold is $150.73, which is down from the $153.59 average last month.

 

Considering selling your Addison house? Contact me to discuss the selling and marketing process. 

 

Posted by

Lorrie Semler, REALTOR
HomeSmart Stars

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


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Comments(1)

Sharon Parisi
United Real Estate Dallas - Dallas, TX
Dallas Homes

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417   The Addison market continues to be solid.  Addison is simply a great place to live!

Dec 09, 2014 03:07 PM