Real Estate Market Report for Addison, Texas: May 2017

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: May 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 9. Currently for sale, there are:Addison Real Estate

  • 9 single family homes (ranging in price from $350,000 to $1,499,000)
  • 1 half-duplex ($365,000)
  • 3 condos ($455,000-$469,000   All are incomplete new construction) 
  • 2 townhomes ($435,900 - $450,000)

Seven of the 15 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and three are incomplete new construction condos.

The average number of days on the market for the “active” status, pre-owned homes is 28 days, as compared to 21 last month. The median number of days on the market is 24 days, compared to last month’s 11 days.

New listings in May

Fifteen pre-owned homes came on the market in Addison, TX in May 2017, down from 17 the previous month.  And three incomplete new construction condos were listed.

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Current Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1735

$329,000

Sold

Townhomes of District A

Spectrum

2/2.1/2

1863

$325,000

Pending

Townhomes of District A

Parkview

2/2.1/2

1662

$319,900

Pending

Meridian Square

Meridian Lane

3/3/2

1900

$469,000

Active

Meridian Square

Meridian Lane

3/3/2

2002

$465,000

Active

Meridian Square

Meridian Lane

3/3/2

2002

$455,000

Active

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Meridian Square

Calloway

3/3.1/2

2172

$499,999

Active

Stanford Court Villas

Stanford Court

3/3/2

2360

$449,000

Active

Stanford Court Villas

Stanford Court

3/3/2

2360

$445,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Planters Row

3/2/2

1539

$225,000

Option

Addison Town Center

Park Place

3/2/2

2073

$389,000

Pending

Grand Addison

Emerald Court

3/2.1/2

1878

$350,000

Active

Les Lacs

Lakecrest

4/3/2

2703

$475,000

Sold

Oaks North

Oaks North

3/3/2

2797

$597,000

Active

Oaks North

Oaks North

3/4.3/2

3505

$697,000

Active

Waterford

Rive

3/2.1/2

1995

$435,000

Option

Waterford

Azure

4/2.1/2

2122

$400,000

Active

Westfield Court

Heritage

3/2/2

1855

$384,900

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 5 sales in the pending status (waiting to close), as compared to 25 last month.

May Sales

Sixteen Addison homes sold/closed in May as compared to the 10 that closed the prior month. The median number of days on the market was 8 days, up from last month’s median of 6 days.  The average number of days on the market for these homes was 20 days. The range in May was 2 days to 74 days. The average price per square foot of all homes that sold is $177.81, up from the $171.52 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.     

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Comments (2)

Raymond Edler
Keller Williams Realty Dallas Fort Worth 214-552-2091 - Prosper, TX
#1 Real Estate Office in DFW

Looks like it would be a good time to be a listing agent in Addison Texas.  

Jun 07, 2017 06:15 PM
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

There is never a bad time to be an agent in Addison.

Jun 08, 2017 06:03 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lorrie, nice market update for Addison, and your market is doing very well.

Jun 07, 2017 06:34 PM
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Thanks, Joan. Addison is a great place to live, work and play!

Jun 08, 2017 06:03 AM