Real Estate Market Report for Addison, TX: October 2021
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 21, as compared to 26 last month. Seventeen are pre-owned and 4 are new construction at Addison Grove. Currently for sale, there are:
- 7 single family homes (ranging in price from $399,900 - $3,750,000)
- 1 half-duplex ($414,000)
- 4 condos ($159,900 – $525,000)
- 9 townhomes ($398,000 - $1,350,000)
Thirteen of the available homes have been on the market for longer than 30 days.
The average number of days on the market for the 17 “active” status, pre-owned homes is 64 days, as compared to 44 last month. The median number of days on the market is 67 days, compared to last month’s 42 days. These increased numbers are likely due to the few $1M+ homes for sale.
New listings in October
Thirteen homes came on the market in Addison, TX in October, compared to 14 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
11/1/2021 |
CONDOS |
|
|
|
|
|
Meridian Square |
Meridian Ln. |
3/3/2 |
1635 |
$420,000 |
Pending |
Valley of Bent Tree |
Ledgemont Ln. |
1/1/0 |
746 |
$169,900 |
Active |
HALF DUPLEXES |
|
|
|
|
|
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Addison Grove |
Runyon |
4/4/2 |
2237 |
$561,000 |
Active |
Addison Grove |
Oak St. |
2/3.1/2 |
2167 |
$560,000 |
Active |
Asbury Circle |
Everwood |
2/4/2 |
2483 |
$479,900 |
Active |
Towne Lake |
Towne Lake |
3/3/2 |
2043 |
$464,900 |
Sold |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Place |
Upper Bay Rd. |
3/3/2 |
1992 |
$335,000 |
Pending |
Addison Place |
Vinland |
3/3/2 |
2262 |
$399,900 |
Active |
Bellbrook Estates |
Bellbrook Dr. |
5/7.2/4 |
9326 |
$3,495,000 |
Active |
Grand Addison |
Aspen Ct. |
3/2.1/2 |
2301 |
$445,000 |
Option |
Midway Meadows |
Le Grande Dr. |
2/2/2 |
1400 |
$462,000 |
Active |
Waterford |
Meadowcreek Cir |
3/2/2 |
1816 |
$449,900 |
Pending |
Waterford |
Canot |
3/2/2 |
1980 |
$468,500 |
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 18 homes in the pending status (waiting to close), as compared to 4 last month.
October Sales
There were 9 closings this month, compared to the 31 last month. In September, the new construction condos at Meridian Square were ready for occupancy, so the numbers were higher than normal last month. The average list price to sold price ratio is 100.05%, up from last month’s 99.85%.
Pre-owned: The median number of days on the market was 26 days, while the previous month the median was 12. The average number of days on the market was 28 days. The range in October for the previously owned homes was 3 days to 71 days. The average price per square foot of all previously owned homes that sold is $220.55, up from last month’s $215.54 average.
Considering selling your Addison house? Contact me to discuss the selling and marketing process.
It’s always a GREAT time to buy or sell a home in Addison! Contact me and let’s get started!
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