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Real Estate Market Report for Addison, Texas: August 2017

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Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Report for Addison, Texas: August 2017

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 33, up from last month’s 23. Currently for sale, there are:

  • 16 single family homes (ranging in price from $259,000 to $2,195,000)Single Family Home in Addison's Waterford Park Subdivision
  • 1 half-duplex ($395,000)
  • 10 condos ($135,000 to $475,000)
  • 6 townhomes ($359,990 to $530,000)

Twenty six of the 33 available homes above have been on the market for longer than 30 days. Two are incomplete new construction condos and they’ve been on the market for 300+ days. The sellers market here is cooling a bit.

The average number of days on the market for the “active” status, pre-owned homes is 65 days, as compared to 33 last month. The median number of days on the market is 43 days, compared to last month’s 27 days. This is further evidence of the market softening.

New listings in August

Nineteen pre-owned homes came on the market in Addison, TX in August 2017, down from 21 the previous month. 

Subdivision

Street

BR/Bath/Gar

Sq Ft

Price

Current Status

CONDOS

 

 

 

 

 

Valley of Bent Tree

Ledgemont

1/1/0

696

$124,900

Pending

Valley of Bent Tree

Ledgemont

1/1/0

696

$114,900

Sold

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Morman Ln.

3/3/2

2275

$395,000

Active

TOWNHOUSES

 

 

 

 

 

Addison Circle

Morris

3/3.1/2

2738

$530,000

Active

Meridian Square

Calloway

3/3.1/2

2126

$489,000

Option

Town Homes of Addison

Eastman Way

3/2.2/2

1799

$325,000

Pending

Towne Lake

Towne Lake

3/2.1/2

1816

$489,000

Active

Towne Lake

Towne Green

4/2.1/2

2147

$425,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Upper Bay

3/3/2

2220

$339,900

Pending

Grand Addison

Camelot Ct.

3/2.1/2

2172

$360,000

Active

Grand Addison

Woodshadow Ln.

3/2.1/2

2440

$500,000

Active

Grand Addison

Dartmouth

3/2/2

2057

$359,000

Active

Les Lacs

Lexus

3/2.1/2

2557

$460,000

Active

Midway Meadows

Winter Park

2/2/2

1371

$275,000

Active

Oaks North

Oaks North

3/2.1/2

3033

$649,900

Active

Oaks North

Trafalgar Court

2/2.1/2

3012

$425,000

Active

Waterford

Azure

3/3/2

2667

$465,000

Active

Waterford

Azure

4/2.1/2

2122

$400,000

Cancelled

Waterford

Waterford Dr.

3/2.1/2

2108

$350,000

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 22 sales in the pending status (waiting to close), as compared to 27 last month. Fifteen of them are incomplete new construction.

August Sales

Fourteen Addison homes sold/closed in August as compared to the 13 that closed the prior month. The median number of days on the market was 12 days, up from last month’s median of 9 days.  The average number of days on the market for these homes was 23 days. The range in August was 1 day to 75 days. The average price per square foot of all homes that sold is $173.64, down from the $179.55 average the prior month.  The overall list to sold ratio for price is 98%.

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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