MARKET UPDATE: Addison's Towne Lake Townhomes 1/1/09 - 6/30/09
There are currently 2 homes on the market, ranging from $293,000 to $299,900. There was only 1 sale in the neighborhood during the first six months of 2009, at $131.62 per sq. ft. (down from the average sales price of $146.19 six months ago).
Please call me for a FREE MARKET ANALYSIS and suggestions on getting your townhouse ready to go on the market. Now is a great time to sell because there is so little competition in the Towne Lake subdivision! With only 75 active properties on the market in all of Addison (29 are townhouses), this is the time to sell while inventory is low!
Historical Perspective for Towne Lake Townhomes:
|
|
7/07 - 12/07 |
1/08 - 6/08 |
7/08 - 12/ 08 |
1/09-6/09 |
|
Lowest List Price |
$259,900 |
$279,500 |
$300,000 |
$293,000 |
|
Highest List Price |
$349,900 |
$298,500 |
$300,000 |
$299,900 |
|
# Sales |
5 |
2 |
3 |
1 |
|
Avg. $/SqFt |
$141.40 |
$138.88 |
$146.19 |
$131.62 |
|
Lowest Sales Price |
$298,000 |
$270,000 |
$228,000 |
$303,000 |
|
Highest Sales Price |
$326,000 |
$293,000 |
$292,000 |
$303,000 |
|
Highest $/SqFt |
$151.93 |
$140.93 |
$151.16 |
$131.62 |
Looking to purchase a townhouse in Addison? With mortgage rates so low, now is the time to buy!
The Town Lake subdivision in Addison, Texas is located one block south of Belt Line Road, just west of Midway Road, within walking distance of restaurants, entertainment and shopping. Residents of the two streets in the subdivision, Towne Lake and Town Green, have access to the homeowner's clubhouse and pool. And, as an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison. Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the townhomes at Towne Lake are ideally situated.
I work with buyers and sellers. Call me for your Addison real estate needs. (I also serve most of the North Dallas area, including Plano, Far North Dallas, Carrollton, Farmers Branch, Coppell .... and more).
Lorrie Semler, e-PRO, GRI, SRES
Addison Resident/Addison Specialist
Keller Williams - Dallas North
972-416-3417
www.LorrieSemler.com
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