Real Estate Market Report for Addison, Texas: July 2018

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: July 2018

Residential Real Estate For Sale in Addison Texas

The total number of available residential properties for sale in Addison, Texas is 22, down from 29 last month. Inventory is VERY low! Currently for sale, there are:

  • 13 single family homes (ranging in price from $350,000 to $2,200,000) Single family home
  • 2 half-duplexes ($299,888 - $350,000)
  • 5 condos ($328,900 – 499,000)
  • 2 townhomes ($350,000 to $505,000)

Sixteen of the 22 available homes 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 61 days, as compared to 60 last month. The median number of days on the market is 49 days, compared to last month’s 40 days.

 

New listings in July

Just 11 homes came on the market in Addison, TX in July 2017, down from 19 the previous month.

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

7/1/18 Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1812

$329,000

Active

La Mirada

Proton

2/2/1

1083

$199,900

Pending

Townhomes of District A

Morris

3/3.1/2

2485

$439,400

Active

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Surveyor

2/2/2

1878

$350,000

Active

TOWNHOUSES

 

 

 

 

 

Meridian Square

Calloway

3/3.1/2

2126

$505,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Planters Row

3/3/2

2125

$305,000

Pending

Addison Town Center

Park Place

5/3.1/3

3670

$686,000

Active

Chatham Court

Chatham Court

3/2/2

1675

$349,900

Option

Grand Addison

Dickenson Court

3/2.1/2

2630

$437,000

Pending

Oaks North

Lochinvar

3/3/2

2711

$615,000

Active

Waterford

Lakeway

3/2/2

1930

$400,000

Active

 

Search for Addison real estate:
If you are looking for an Addison home, use the following link 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 17 last month.

July Sales

Fifteen Addison homes sold/closed in July as compared to the 12 that closed the prior month. The median number of days on the market was 14 days, and last month the median was 12. The average number of days on the market was 15 days. The range in July for the previously owned homes was 2 days to 57 days. The average price per square foot of all previously owned homes that sold is $185.44, up from the $177.45 average the prior month. The average list price to sold price ratio is 97.93%, down from last month’s 98.68%.

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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