Addison Timbers HOA - 2014 Real Estate Year in Review

By
Real Estate Agent with United Real Estate TX #0552717

Addison Timbers Homeowners Association

Real Estate Year In Review (2014)

 

 

 

 

The residential real estate market in Addison is booming! Here is what’s going on in our corner of the world.

 

 

Six* homes in the Addison Timbers HOA sold in 2014.

 

Address

Bed/Bath

List Price

Sold $/SqFt

DOM**

Sold

14703 Le Grande

3/2

$207,000

$137.72

4

2/12/14

14826 Le Grande

3/2

$250,000

$142.63

20

6/17/14

14802 Le Grande

2/2

$220,000

$156.14

0

8/4/14

4112 Leadville

2/2½

$262,000

$158.78

30

8/29/14

4109 Leadville

2/2

$210,000

$149.75

17

9/30/14

4107 Rush

2/2

$218,900

$149.04

60

11/14/14

 

* Homes that were sold privately, outside of the MLS are not included.                                         ** DOM = number of days on the market

 

 

 

The average sold price was $228,167 and the average sold price per square foot was $149.01. Small Zero Lot Home in Addison's ATHOAhomes typically sell for a higher price per square foot when compared to larger homes, but condition and updating are also contributing factors.

 

 

 

Additionally, three homes on Dome and one on Bobbin sold last year. While these are in Midway Meadows, they are not part of the ATHOA. They tend to be newer and larger when compared to ATHOA homes. They sold in the range from $285,000 to $338,000. With an average price per square foot of $151.64, they are not much higher than those in the HOA.

 

 

 

In 2014, in addition to my clients in other cities, I helped eight families buy or sell in Addison. If you are considering a move, this is a GREAT time to sell because the number of homes for sale is very limited. With inventory so low, a properly priced and marketed home might bring more than one offer. Please call me for a no-obligation consultation. If you have friends or family who would like to move to Addison, I can help them, too. I often know of properties that are not yet on the market.

 

 

 

Lorrie Semler, REALTOR®

e-PRO, GRI, SRES, CPRES, CRS

www.AddisonUpdate.com

semler@kw.com

972-416-3417

Keller Williams Dallas Premier

12700 Preston Road #190

Dallas, TX 75230

Each Office Is Independently Owned and Operated

This is not a solicitation of property currently listed.

 

 

 

Posted by

Lorrie Semler, e-PRO, GRI, SRES, CPRES, CRS
Addison Resident/Addison Specialist                                                      Subscribe Button
Real Service. Real Results. Real Estate.
United Real Estate
972-416-3417

http://www.AddisonUpdate.com                                                                                                                         

2011 Recipient of Addison Magazine's Readers Choice
Award for Best Residential Real Estate Agent.     

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Rainmaker
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David Saks
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Fine post and plenty of great information. Have a great day ahead.

Jan 11, 2015 05:14 PM #1
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Real Service. Real Results. Real Estate
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