Real Estate Market Report for Addison, Texas: August 2019
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 40, and last month there were 27. Inventory is increasing! Currently for sale, there are:
- 14 single family homes (ranging in price from $305,000 - $2,499,999)
- 3 half-duplexes ($294,000 - $340,000)
- 16 condos ($161,900 – $475,000)
- 7 townhomes ($285,000 - $654,900)
Twenty five of the 40 available homes have been on the market for longer than 30 days. Homes are taking a little longer to sell as the market continues to correct.
The average number of days on the market for the “active” status, pre-owned homes is 58 days as compared to 66 last month). The median number of days on the market is 48 days, compared to last month’s 47 days.
New listings in August
Twenty homes came on the market in Addison, TX in August, compared to 17 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
9/1/19 Status |
CONDOS |
|
|
|
|
|
Aventura |
Addison Circle |
1/1/1 |
1271 |
$249,500 |
Option |
Pecan Square |
Beltway |
1/1/1 |
683 |
$161,900 |
Active |
Townhomes of District A |
Seabolt |
2/2.1/2 |
1973 |
$349,900 |
Active |
Townhomes of District A |
Quorum |
2/2.1/2 |
1689 |
$294,900 |
Canceled |
Townhomes of District A |
Spectrum |
3/3/2 |
2173 |
$409,000 |
Active |
Townhomes of District A |
Breedlove |
3/3/2 |
2132 |
$475,000 |
Active |
HALF DUPLEXES |
|
|
|
|
|
Midway Meadows |
Morman |
3/2.1/2 |
1761 |
$294,000 |
Active |
Midway Meadows |
Morman |
3/2/2 |
1975 |
$310,000 |
Active |
TOWNHOUSES |
|
|
|
|
|
Addison Grove |
Runyon |
2/2.1/2 |
1344 |
$369,900 |
Active |
Towne Lake |
Towne Lake |
3/2.1/2 |
1894 |
$399,000 |
Active |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Town Center |
Park Place |
4/2.1/2 |
3062 |
$500,000 |
Active |
Grand Addison |
Aspen Ct. |
3/2.1/2 |
2301 |
$399,000 |
Active |
Grand Addison |
Flanders |
3/2.1/2 |
1991 |
$334,900 |
Active |
Grand Addison |
Parker Ct. |
3/2/2 |
1736 |
$345,000 |
Sold |
Grand Addison |
Emerald Ct. |
4/2.1/2 |
2858 |
$449,700 |
Active |
Midway Meadows |
Winter Park |
3/2.1/2 |
2106 |
$305,000 |
Active |
Midway Meadows |
Le Grande Dr. |
3/2.1/2 |
2112 |
$384,000 |
Active |
Midway Meadows |
Pokolodi |
3/2/2 |
1884 |
$385,000 |
Pending |
Oaks North |
Oaks North |
3/2.1/2 |
2403 |
$439,000 |
Active |
Oaks North |
Oaks North |
3/2.1/2 |
2773 |
$540,000 |
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 9 sales in the pending status (waiting to close), as compared to 4 last month. Four of these are incomplete new construction.
August Sales
Nine Addison homes sold/closed in August; 12 closed the prior month. The median number of days on the market was 12 days, and last month the median was 28. The average number of days on the market was 41 days. The range in August for the previously owned homes was 1 day to 134 days. The average price per square foot of all previously owned homes that sold is $175.34, down from the $180.38 average the prior month. The average list price to sold price ratio is 98.95%, an increase from last month’s 97.80%. There are still price reductions and offers accepted below full price, with few, if any, multiple offer situations.
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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