Real Estate Market Report for Addison, Texas: September 2019
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 34, and last month there were 40. Inventory is decreasing again! Currently for sale, there are:
- 10 single family homes (ranging in price from $299,999 - $1,400,000)
- 1 half-duplex ($294,000)
- 16 condos ($165,000 – $465,000)
- 7 townhomes ($331,900 - $654,900)
Twenty six of the 34 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 65 days as compared to 58 last month). The median number of days on the market is 49 days, compared to last month’s 48 days.
New listings in September
Just eleven homes came on the market in Addison, TX in September, compared to 20 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
10/1/19 Status |
CONDOS |
|
|
|
|
|
Aventura |
Addison Circle |
2/2/2 |
1699 |
$325,000 |
Active |
Aventura |
Addison Circle |
2/2.1/2 |
1906 |
$340,000 |
Active |
Townhomes of District A |
Breedlove |
3/3/2 |
2190 |
$365,000 |
Contingent |
Townhomes of District A |
Breedlove |
3/3.1/2 |
2336 |
$439,000 |
Active |
Valley of Bent Tree |
Ledgemont Ln. |
2/2/0 |
1076 |
$185,000 |
Contingent |
HALF DUPLEXES |
|
|
|
|
|
None This Month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Asbury Circle |
Amberwood |
3/3.1/2 |
2417 |
$399,000 |
Active |
Asbury Circle |
Asbury Ln. |
3/3.1/2 |
2320 |
$435,000 |
Active |
Towne Lake |
Towne Green |
3/3/2 |
2217 |
$410,000 |
Active |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Place |
Windward |
2/2/2 |
1728 |
$325,000 |
Active |
Charles K. Howard |
Winnwood Rd. |
5/5.2/4 |
5165 |
$1,400,000 |
Active |
Waterview Estates |
Waterview Circle |
3/3/2 |
2575 |
$424,900 |
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 13 sales in the pending status (waiting to close), as compared to 9 last month. Nine of these are incomplete new construction.
September Sales
Eleven Addison homes sold/closed in September; 9 closed the prior month. The median number of days on the market was 51 days, and last month the median was 12. The average number of days on the market was 62 days. The range in September for the previously owned homes was 1 day to 181 days. The average price per square foot of all previously owned homes that sold is $180.69, up from the $175.34 average the prior month. The average list price to sold price ratio is 98.03%, a decrease from last month’s 98.95%. 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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