Real Estate Market Report for Addison, Texas: April 2016

By
Real Estate Agent with United Real Estate TX #0552717
https://activerain.com/droplet/4RfG

Real Estate Market Report for Addison, Texas: April 2016

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 17, as compared to last month’s 14. Currently for sale, there are:

  • 10 single family homes (ranging in price from $200,000 to $2,495,000)Addison single family home
  • No half-duplexes
  • 4 condos ($110,000 to $385,000)
  • 3 townhomes ($245,000 - $335,000)

Eight of the 17 available homes above have been on the market for longer than 30 days.

The average number of days on the market for the “active” status homes is 57 days, as compared to 52 last month. The median number of days on the market is 26 days, compared to last month’s 13 days. Homes are still selling fast, but there is a slight decrease in the urgency by buyers.

 

New listings in April

Twenty-two homes came on the market in Addison, TX in April 2016, up from 16 the previous month. 

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2.1/2

2223

$385,000

Active

La Mirada

Proton

2/2.1/1

1117

$149,650

Sold

La Mirada

Proton

1/1.1/1

920

$130,000

Option

Meridian Square

Meridian Ln.

2/2.1/2

1659

$419,000

Option

Townhomes of District A

Seabolt

3/2.1/2

2104

$387,000

Pending

Townhomes of District A

Breedlove

2/2.1/2

2028

$320,000

Option

Townhomes of District A

Breedlove

2/2.1/2

2028

$320,000

Active

Townhomes of District A

Breedlove

2/2.1/2

2011

$300,000

Active

Valley of Bent Tree

Ledgemont

1/1/0

739

$120,000

Pending

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Meridian Square

Meridian Square

3/3.1/2

2270

$429,000

Pending

Town Homes of Addison

Oberlin

2/2/2

1417

$249,900

Active

Town Homes of Addison

Berklee Dr.

2/2/2

1422

$245,000

Active

Towne Lake

Towne Green

3/2.1/2

1974

$330,000

Option

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Planters Row

2/2/2

1402

$200,000

Active

Grand Addison

Brookwood

3/2.1/2

2612

$393,000

Option

Grand Addison

Stratford Ct.

3/2/2

1868

$373,500

Option

Les Lacs

Sherry Ln.

3/2.1/2

2236

$388,000

Active

Midway Meadows

Sherlock

3/2.1/2

1987

$309,900

Temp off Market

Midway Meadows

Dome

3/2.1/2

2202

$375,000

Active

Midway Meadows

Bobbin

3/2/2

1943

$370,000

Active

Waterford

Azure

3/2.1/2

2605

$399,000

Pending

Waterford

Waterford Dr.

3/2/2

1751

$350,000

Pending

Search for Addison real estate:
If you are looking for an Addison home, use the following links 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.

Addison Townhomes For Sale

Addison Condos For Sale

Addison Duplexes For Sale

Addison Single Family Homes For Sale

Addison Land/Lots For Sale

Properties Scheduled to Close

There are 14 sales in the pending status (waiting to close), as compared to 18 last month.

March Sales

Eighteen Addison homes sold/closed in April as compared to the 18 that closed the prior month. The median number of days on the market was 5 days, down from last month’s median of 9 days.  The average number of days on the market for these homes was 123.  These numbers are skewed by the finally completed new construction at Meridian Square. Without the new construction data, the average days on the market was 60. The average price per square foot of all homes that sold is $160.22, barely down from the $160.33 average the prior month.

Considering selling your Addison house? Contact me to discuss the selling and marketing process.  

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.     

Information About Brokerage Services                                                         

                                                                                                

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Rainmaker
1,300,462
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I love seeing what other areas have in the way of prices and stats.  Thanks for sharing!

May 01, 2016 04:09 AM #1
Rainmaker
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Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Excellent report.  Looks like a robust spring market for you.  I love seeing how different parts of the country are faring  

May 01, 2016 04:55 AM #2
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

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