Real Estate Market Report for Addison, Texas: May 2021
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 19, as compared to 21 last month. Fourteen are pre-owned and 5 are new construction. Currently for sale, there are:
- 7 single family homes (ranging in price from $459,000 - $4,250,000)
- 2 half-duplexes ($369,000 - $419,000)
- 8 condos ($347,500 – $469,000)
- 2 townhomes ($470,000 - $699,900)
Ten of the available homes have been on the market for longer than 30 days.
The average number of days on the market for the “active” status, pre-owned homes is 61 days, as compared to 44 last month. The median number of days on the market is 22 days, compared to last month’s 10 days.
New listings in May
Sixteen homes came on the market in Addison, TX in May, compared to 29 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
6/1/2021 |
CONDOS |
|
|
|
|
|
Aventura |
Addison Circle |
2/2/2 |
2128 |
$374,500 |
Contingent |
District A |
Spectrum |
2/2.1/2 |
1860 |
$370,000 |
Pending |
District A |
Breedlove |
2/2.1/2 |
1940 |
$368,000 |
Active |
District A |
Seabolt |
3/3/2 |
2038 |
$430,000 |
Active |
La Mirada |
Proton Dr. |
2/2.1/1 |
1117 |
$195,000 |
Option |
Meridian Square |
Spectrum |
3/2.1/2 |
1837 |
$469,000 |
Active |
Valley of Bent Tree |
Ledgemont Lane |
2/2/0 |
1076 |
$194,500 |
Contingent |
HALF DUPLEXES |
|
|
|
|
|
Midway Meadows |
Morman |
3/2.1/2 |
1738 |
$419,000 |
Active |
TOWNHOUSES |
|
|
|
|
|
Asbury Circle |
Asbury Ln. |
3/3.1/2 |
2573 |
$470,000 |
Active |
Meridian Square |
Calloway |
3/3.1/2 |
2276 |
$499,900 |
Sold |
Meridian Square |
Calloway |
3/3.1/2 |
2166 |
$529,000 |
Option |
SINGLE FAMILY HOMES |
|
|
|
|
|
Daseke |
Celestial |
3/3.1/2 |
7196 |
$4,250,000 |
Active |
Oaks North |
Bedivere Ct. |
3/2.1/2 |
2891 |
$595,000 |
Active |
Oaks North |
Trafalgar |
3/3/2 |
2978 |
$649,973 |
Option |
Waterford |
Azure |
3/2/2 |
1789 |
$440,000 |
Sold |
Waterford |
Chatham Ct. |
3/2/2 |
1799 |
$459,000 |
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 33 homes in the pending status (waiting to close), as compared to 39 last month. Twenty two of these are new construction.
Sales
Nineteen Addison homes sold/closed in May; 20 closed the prior month. The median number of days on the market was 36 days, and the previous month the median was 11. The average number of days on the market was 49 days. The range in May for the previously owned homes was 1 days to 272 days. The average price per square foot of all previously owned homes that sold is $207.05, up from last month’s $196.72 average. The average list price to sold price ratio is 99.19%, an increase from last month’s 98.93%.
Considering selling your Addison house? Contact me to discuss the selling and marketing process.
Although it’s always a GREAT time to buy or sell a home in Addison, please take COVID-19 precautions!
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