Real Estate Market Report for Addison, Texas: December 2016

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: December 2016

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 20, down from last month’s 25. Currently for sale, there are:

  • 6 single family homes (ranging in price from $349,900 to $1,490,400)
  • No half-duplexes
  • 11 condos ($305,000 to $464,900.) Nine are incomplete new construction.
  • 3 townhomes ($319,900-$496,500)

Fifteen of the 20 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and it has been on the market for over 400 days. Nine are incomplete new construction and are not available for immediate possession on closing and funding.

The average number of days on the market for the “active” status, pre-owned homes is 98 days, as compared to 57 last month. The median number of days on the market is 50 days, compared to last month’s 30 days.

New listings in December

Just 10 pre-owned homes came on the market in Addison, TX in December 2016, down from 15 the previous month.

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Current Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1740

$305,000

Sold

Aventura

Addison Circle

2/2/2

1816

$329,900

Option

Townhomes of District A

Seabolt

2/2.1/2

1762

$325,000

Pending

Townhomes of District A

Morris Ave.

2/2.1/2

1982

$335,000

Active

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Amberwood

2/3.1/2

2517

$360,000

Pending

Stanford Court Villas

Standford Court

3/3/2

2360

$439,900

Active

Towne Lake

Towne Green

2/2.1/2

1578

$319,900

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Grand Addison

Dove Ct.

3/2.1/2

2038

$372,500

Option

Grand Addison

Woodshadow Ct.

4/2.1/2

2062

$375,000

Active

Les Lacs

Lakecrest

3/2.1/2

2347

$424,900

Active

 

 

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 16 sales in the pending status (waiting to close), as compared to 15 last month. Nine of the 16 are incomplete new construction.

December Sales

Eighteen Addison homes sold/closed in December as compared to the 10 that closed the prior month. The median number of days on the market was 33 days, up from last month’s median of 23 days. The average number of days on the market for these homes was 43 days. The range in December was 1 day to 143 days. The average price per square foot of all homes that sold is $159.69, down from the $165.70 average the prior month.

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

Posted by

Lorrie Semler, e-PRO, GRI, SRES, CPRES, CRS
Addison Resident/Addison Specialist                                                      Subscribe Button
Real Service. Real Results. Real Estate.
United Real Estate
972-416-3417

http://www.AddisonUpdate.com                                                                                                                         

2011 Recipient of Addison Magazine's Readers Choice
Award for Best Residential Real Estate Agent.                                                              

                                                                                                

    Find me on the Web:

Lorrie Semler Facebook Lorrie Semler LinkedInLorrie Semler Twitter

 Search for Your 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

 

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