Real Estate Market Report for Addison, Texas: February 2018

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: February 2018

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 23, the same as last month (and the month before). Currently for sale, there are:

  • 9 single family homes (ranging in price from $349,900 to $2,195,000)Master Bedroom
  • 1 half-duplex ($275,000)
  • 10 condos ($329,000 to $449,900)
  • 3 townhomes ($319,000 to $369,000)

Fourteen of the 23 available homes above have been on the market for longer than 30 days. One is a new construction condo and it has been on the market for over 235.

The average number of days on the market for the “active” status, pre-owned homes is 52 days, as compared to 32 last month. The median number of days on the market is 44 days, compared to last month’s 18 days.

 

New listings in February

Fourteen pre-owned homes came on the market in Addison, TX in February 2017, down from 18 the previous month.

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

Current Status

CONDOS

 

 

 

 

 

Pecan Square

Beltway

2/2.1/1

1072

$210,000

Pending

Townhomes of District A

Quorum

3/3/2

2105

$395,000

Active

Townhomes of District A

Spectrum

2/2.1/2

2001

$345,000

Active

Townhomes of District A

Breedlove

2/2.1/2

1589

$319,900

Active

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Surveyor

2/2/2

1878

$275,000

Active

TOWNHOUSES

 

 

 

 

 

Stanford Court Villas

Stanford Court

3/3/2

2360

$449,000

Option

Town Homes of Addison

Curtis

2/2/2

1495

$274,990

Pending

Town Homes of Addison

Juliard

3/2.1/2

1781

$310,000

Option

SINGLE FAMILY HOMES

 

 

 

 

 

Oaks North

Lochinvar

4/3.1

2947

$495,000

Pending

Waterford

Azure

3/2.1/2

2797

$439,900

Active

Waterford

Azure

3/3/2

2667

$460,000

Option

Waterford

Bentwater Ct.

3/2.1/2

2605

$550,000

Active

Waterview Estates

Waterview Circle

3/2.1/2

2186

$410,000

Active

Waterview Estates

Waterview Circle

3/2.1/2

2654

$425,000

Active

 

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.

Search Addison Homes for Sale

Properties Scheduled to Close

There are 10 sales in the pending status (waiting to close), as compared to 7 last month.

February Sales

Eight Addison homes sold/closed in February as compared to the 5 that closed the prior. The median number of days on the market was 70 days, compared to 29 last month. The average number of days on the market was 100 days. These numbers are skewed by a new construction condo that had been on the market for 319 days before closing. Without the new construction condo, the average days on market was 69, with a median of 67 days. The range in February for the previously owned homes was 7 days to 160 days. The average price per square foot of all previously owned homes that sold is $172.62, down from the $176.76 average the prior month. The average list price to sold price ratio is 97.68%, down from last month’s 98.36%.

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                                                         

                                                                                                

    Find me on the Web:

Lorrie Semler Facebook Lorrie Semler LinkedInLorrie Semler Twitter

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Dallas County Addison
Groups:
Local Expert
HyperLocal Neighborhood and Community Posts
2018 Market Reports

Spam prevention
Show All Comments
Rainmaker
2,857,313
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

Thanks for this report on Addison. I have to check it out more when I get to that region when I travel.

Mar 11, 2018 08:39 PM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,257,738

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Real Service. Real Results. Real Estate
Want more information? Just ask!
*
*
*
*
Spam prevention

Additional Information