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Real Estate Market Report for Addison, Texas: March 2017

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Report for Addison, Texas: March 2017

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 15, up from last month’s 14. Currently for sale, there are:

  • 7 single family homes (ranging in price from $335,000 to $1,499,000)Aventura Condo in Addison Circle
  • No half-duplexes
  • 7 condos ($379,000 to $459,900) 
  • 1 townhome ($499,500)

Eight of the 15 available homes above have been on the market for longer than 30 days. Six are incomplete new construction and are not available for immediate possession on closing and funding.

The average number of days on the market for the “active” status, pre-owned homes is 43 days, as compared to 91 last month. The median number of days on the market is 34 days, compared to last month’s 28 days.

New listings in March

Fourteen pre-owned homes came on the market in Addison, TX in March 2017, up from 10 the previous month.  Half are already under contract.

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Current Status

CONDOS

 

 

 

 

 

Brooktown Townhomes

 Vitruvian Way

2/2.1/0

1373

$150,000

Contingent

Meridian Square

Meridian Lane

3/3/2

2002

$455,000

Active

Meridian Square

Meridian Lane

3/3/2

1944

$445,000

Active

Pecan Square

Beltway

2/1.1/1

990

$136,000

Option

Townhomes of District A

Calloway Drive

2/2.1/2

1816

$315,000

Pending

Valley of Bent Tree

Ledgemont Lane

2/1.1/0

978

$144,700

Option

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Asbury Lane

3/3.1/2

2704

$370,000

Pending

Meridian Square

Meridian Lane

3/3.1/2

2300

$499,500

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Vinland Drive

3/3/2

2037

$275,000

Option

Allen Bledsoe

Winnwood

5/4.1/3

6793

$1,499,000

Active

Celestial Place

Celestial Place

3/3.1/2

4373

$979,000

Active

Grand Addison

Longfellow Court

3/2.1/2

2105

$359,000

Active

Les Lacs Garden Homes

Rive Lane

3/3/2

1522

$300,000

Option

Oaks North

Buckingham Court

3/3/2

2395

$425,000

Option

 

 

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 Condos and Townhomes For Sale

Addison Single Family and Duplex Homes For Sale

Addison Land/Lots For Sale

 

Properties Scheduled to Close

There are 18 sales in the pending status (waiting to close), as compared to 15 last month. Twelve of the 18 are incomplete new construction.

March Sales

Nine Addison homes sold/closed in March as compared to the 12 that closed the prior month. The median number of days on the market was 9 days, up from last month’s median of 7 days.  The average number of days on the market for these homes was 22 days. The range in March was 4 days to 93 days. The average price per square foot of all homes that sold is $167.05, down from the $183.62 average the prior month.

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

Posted by

Lorrie Semler, REALTOR
HomeSmart Stars

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


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