Real Estate Market Report for Addison, Texas: January 2019
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 22, down from 23 last month. Inventory is still low! Currently for sale, there are:
- 8 single family homes (ranging in price from $275,000 - $700,000)
- 1 half-duplex ($325,000)
- 10 condos ($155,000 – $515,000)
- 3 townhomes ($379,999 - $439,000)
Fifteen of the 22 available homes have been on the market for longer than 30 days. Homes are taking a little longer to sell as the market corrects.
The average number of days on the market for the “active” status, pre-owned homes is 83 days as compared to 88 last month). The median number of days on the market is 87 days, compared to last month’s 79 days.
New listings in January
Just 11 homes came on the market in Addison, TX in January 2018 as compared to 6 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
2/1/19 Status |
CONDOS |
|
|
|
|
|
Aventura |
Addison Circle |
2/2.1/2 |
1983 |
$374,900 |
Active |
La Mirada |
Proton |
1/1.1/1 |
1225 |
$155,000 |
Active |
Pecan Square |
Beltway |
1/1/1 |
699 |
$129,900 |
Contingent |
Townhomes of District A |
Seabolt |
2/2.1/2 |
2009 |
$369,000 |
Option |
HALF DUPLEXES |
|
|
|
|
|
None This Month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Addison Grove |
Oak (New Const) |
3/3.1/2 |
2153 |
$439,900 |
Active |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Place |
Vinland |
2/2/2 |
1539 |
$240,000 |
Option |
Addison Place |
Upper Bay |
3/3/2 |
1992 |
$285,000 |
Active |
Midway Meadows |
Bobbin |
3/2/2 |
2219 |
$374,900 |
Active |
Oaks North |
Paladium Dr. |
3/2.1/2 |
3023 |
$700,000 |
Active |
Oaks North |
Oaks North |
3/3/2 |
3044 |
$550,000 |
Temp Off Mkt |
Westfield Court |
Vintage Ln. |
3/2.1/2 |
2556 |
$399,000 |
Active |
Search for Addison real estate:
If you are looking for an Addison home, use the following link 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.
Search Addison Homes for Sale (after clicking, scroll down for results)
Properties Scheduled to Close
There are 8 sales in the pending status (waiting to close), as compared to 7 last month.
January Sales
Eight Addison homes sold/closed in January; 6 closed the prior month. The median number of days on the market was 40 days, and last month the median was 30. The average number of days on the market was 55 days. The range in January for the previously owned homes was 4 days to 132 days. The average price per square foot of all previously owned homes that sold is $172.38, down from the $184.29 average the prior month. The average list price to sold price ratio is 96.62%, a decrease to last month’s 98.31%.
It’s always a GREAT time to buy or sell a home in Addison!
Considering selling your Addison house? Contact me to discuss the selling and marketing process.
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