Real Estate Market Report for Addison, Texas: May 2018

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: May 2018

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 29, up from 23 last month. Inventory is still low! Currently for sale, there are:Pool at Pecan Square Condos, Addison TX

  • 13 single family homes (ranging in price from $319,900 to $2,195,000)
  • 1 half-duplex ($365,000)
  • 10 condos ($140,000 to $348,000)
  • 5 townhomes ($293,000 to $499,000)

Fourteen of the 29 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, pre-owned homes is 46 days, as compared to 52 last month. The median number of days on the market is 28 days, compared to last month’s 37 days.

 

New listings in April

Nineteen homes came on the market in Addison, TX in April 2017, down from 23 the previous month.

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

Current Status

CONDOS

 

 

 

 

 

La Mirada

Proton

1/1.1/1

920

$189,880

Active

Pecan Square

Beltway

2/2.1/1

1027

$165,000

Option

Townhomes of District A

Breedlove

2/2.1/2

2026

$348,000

Active

Townhomes of District A

Seabolt

2/2.1/2

1875

$319,900

Active

Townhomes of District A

Seabolt

2/2.1/2

1921

$338,900

Active

Townhomes of District A

Parkview

2/2.1/2

1920

$339,900

Pending

Townhomes of District A

Quorum

2/2.1/2

2014

$347,900

Active

Valley of Bent Tree

Ledgemont Ln.

1/1/0

746

$140,000

Active

Valley of Bent Tree

Ledgemont Ln.

2/2/0

1076

$154,999

Pending

HALF DUPLEXES

 

 

 

 

 

None this month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Meridian Square

Breedlove

3/3.1/2

2280

$499,000

Active

Town Homes of Addison

Juliard Ct.

2/2.1/2

1600

$293,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Chatham Court

Chatham Court

2/2.1/2

1845

$319,900

Active

Grand Addison

Poe Ct.

3/2/2

2095

$377,000

Active

Waterford

Waterford

3/2/2

1968

$375,000

Option

Waterford

Azure

3/2/2

1865

$365,000

Active

Waterford

Waterside

3/2/2

1948

$339,900

Option

Waterford

Waterford

3/2/2

1844

$369,000

Active

Waterford

Azure

3/2.1/2

2580

$460,000

Active

Wood Rev.

Winnward

4/3.1/2

4216

$1,350,000

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 11 sales in the pending status (waiting to close), as compared to 11 last month.

April Sales

Thirteen Addison homes sold/closed in April as compared to the 17 that closed the prior month. The median number of days on the market was 19 days, and last month the median was 17. The average number of days on the market was 28 days. The range in April for the previously owned homes was 4 days to 105 days. The average price per square foot of all previously owned homes that sold is $181.76, up from the $179.89 average the prior month. The average list price to sold price ratio is 98.18%, down from last month’s 99.57%.

It’s always a GREAT time to buy or sell a home in Addison!

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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Rainmaker
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Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Thank you for sharing the latest sales and inventory report on this segment of the real estate market. 

Jun 03, 2018 01:29 AM #1
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