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)
- 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.
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