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Real Estate Market Report for Addison, Texas: March 2016

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Report for Addison, Texas: March 2016

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 14, as compared to last month’s 11. Currently for sale, there are:Towne Lake, Addison

  • 9 single family homes (ranging in price from $359,000 to $2,495,000)
  • No half-duplexes
  • 3 condos ($115,000 to $387,000)
  • 2 townhomes ($330,000 - $335,000)

Five of the 14 available 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 52 days, as compared to 58 last month. The median number of days on the market is 13 days, compared to last month’s 27 days. Homes are still selling almost as fast as they are listed!

 

New listings in March

Twenty-one homes came on the market in Addison, TX in March 2016, up from 16 the previous month. 

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1949

$272,420

Pending

La Mirada

Proton

1/1.1/1

920

$127,500

Pending

Townhomes of District A

Breedlove

2/2.1/2

2035

$320,000

Option

Valley of Bent Tree

Ledgemont Ln.

1/1/0

746

$120,000

Pending

Valley of Bent Tree

Ledgemont Ln.

2/2/0

1076

$129,900

Pending

Valley of Bent Tree

Ledgemont Ln.

1/1/0

746

$115,000

Active

Valley of Bent Tree

Ledgemont Ln.

1/1/0

746

$115,000

Active

Valley of Bent Tree

Ledgemont Ln.

2/1.1/0

978

$139,900

Option

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Morman Ln.

3/2/2

1909

$249,900

Pending

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Amberwood Ln.

3/3.1/2

2400

$335,000

Active

Meridian Square

Quorum Dr.

4/3.1/2

2172

$412,000

Pending

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Upper Bay

2/2.1/2

2112

$249,900

Option

Addison Place

Westgrove

3/3/2

1992

$239,888

Option

Addison Place

Vinland

3/2.1/2

1651

$230,000

Pending

Bellbrook Estates

Havenshire

5/5.2/3

6369

$1,450,000

Active

Grand Addison

Brookwood

3/2.1.2

1885

$352,000

Option

Les Lacs Garden Homes

Rive

2/2/2

1113

$225,000

Pending

Midway Meadows

Le Grande

4/2/2

1989

$335,000

Withdrawn

Oaks North

Bedivere

3/2.1/2

2891

$465,000

Active

Waterford

Lakeview Ct.

5/2.1/2

3016

$459,000

Pending

Westfield Court

Heritage Ln.

4/3.1/2

3070

$500,000

Option

Search for Addison real estate:
If you are looking for an Addison home, use the following links to see what’s available now. 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 18 sales in the pending status (waiting to close), as compared to 18 last month.

February Sales

Eighteen Addison homes sold/closed in March as compared to the 12 that closed the prior month. The median number of days on the market was 9 days, down from last month’s median of 97 days.  The average number of days on the market for these homes was 137.  These numbers are skewed by the finally completed new construction at Meridian Square. Without the new construction data, the average days on the market was 36. The average price per square foot of all homes that sold is $160.33, down from the $157.53 average the prior 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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