Real Estate Market Report for Addison, Texas: March 2019
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 23, down from 24 last month. Inventory is still low! Currently for sale, there are:
- 9 single family homes (ranging in price from $268,900 - $1,495,000)
- No half-duplexes
- 9 condos ($155,000 – $469,900)
- 5 townhomes ($342,500 - $504,900)
Sixteen of the 23 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 57 days as compared to 57 last month). The median number of days on the market is 38 days, compared to last month’s 36 days.
New listings in March
Thirteen homes came on the market in Addison, TX in March, compared to 11 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
4/1/19 Status |
CONDOS |
|
|
|
|
|
Meridian Square |
Meridian Ln. |
3/3/2 |
1630 |
$410,000 |
Active |
Townhomes of District A |
Parkview |
2/2.1/2 |
1800 |
$319,000 |
Pending |
Valley of Bent Tree |
Ledgemont |
1/1/0 |
746 |
$140,000 |
Pending |
HALF DUPLEXES |
|
|
|
|
|
Midway Meadows |
Surveyor |
2/2.1/2 |
1626 |
$299,000 |
Pending |
TOWNHOUSES |
|
|
|
|
|
Asbury Circle |
Asbury Ln. |
3/3.1/2 |
2353 |
$379,999 |
Option |
Meridian Square |
Calloway |
3/3.1/2 |
2178 |
$499,000 |
Option |
Meridian Square |
Meridian |
3/3.1/2 |
2181 |
$504,900 |
Active |
Stanford Court Villas |
Stanford Ct. |
3/3/2 |
2360 |
$465,000 |
Active |
Towne Lake |
Towne Green |
3/2.1/2 |
1974 |
$419,900 |
Active |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Place |
Planters Row |
2/2/2 |
1330 |
$229,900 |
Option |
Chatham Court |
Chancey St. |
3/2.1/2 |
2142 |
$359,999 |
Active |
Grand Addison |
Woodshadow |
2/2.1/2 |
2099 |
$419,000 |
Pending |
Midway Meadows |
Le Grande |
2/2/2 |
1435 |
$268.900 |
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 14 sales in the pending status (waiting to close), as compared to 7 last month.
March Sales
Seven Addison homes sold/closed in March; 9 closed the prior month. The median number of days on the market was 18 days, and last month the median was 50. The average number of days on the market was 60 days. The range in March for the previously owned homes was 2 days to 238 days. The average price per square foot of all previously owned homes that sold is $168.10, down from the $163.96 average the prior month. The average list price to sold price ratio is 96.58%, a decrease from last month’s 97.57%. This means there are price reductions and accepted offers below full price.
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.
Comments(2)