Real Estate Market Report for Addison, Texas: October 2018

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: October 2018

Residential Real Estate For Sale in Addison Texas

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

  • 11 single family homes (ranging in price from $298,000 - $676,000)
  • Aventura in Addison Circle4 half-duplexes ($285,000 - $340,000)
  • 7 condos ($325,000 – $515,000)
  • 7 townhomes ($299,900 – $499,500)

Sixteen of the 29 available homes have been on the market for longer than 30 days. Homes are taking a little longer to sell as the market corrects.

The average number of days on the market for the “active” status, pre-owned homes is 57 days as compared to 47 last month). The median number of days on the market is 41 days, compared to last month’s 31 days.

 

New listings in October

Seventeen homes came on the market in Addison, TX in October 2018 as compared to 13 the previous month.  

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

10/1/18 Status

CONDOS

 

 

 

 

 

Meridian Square

Meridian Ln.

3/3/2

2214

$515,000

Active

Townhomes of District A

Breedlove

2/2.1/2

1708

$325,000

Active

Townhomes of District A

Spectrum

2/2.1/2

1698

$329,000

Active

Townhomes of District A

Spectrum

2/2.1/2

2005

$339,500

Active

Townhomes of District A

Seabolt

3/3.1/2

2339

$449,900

Active

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Morman

3/2/2

1909

$355,000

Temp Off Mkt

Midway Meadows

Morman

3/2/2

1738

$298,900

Active

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Asbury Lane

3/3.1/2

2353

$379,999

Active

Towne Lake

Towne Green

2/1.2/2

1578

$312,000

Temp Off Mkt

Towne Lake

Towne Green

3/2/2

1659

$359,900

Active

Towne Lake

Towne Green

3/2.1/2

2343

$425,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Town Center

Park Pl.

3/2.1/2

2652

$559,000

Cancelled

Chatham Court

Chancey St.

3/2/2

1753

$354,900

Active

Grand Addison

Poe Court

3/2/2

1839

$355,000

Active

Les Lacs Garden Homes

Rive

2/2/2

1325

$298,000

Active

Waterford

Wayside Ct.

4/2.1/2

2899

$475,000

Active

Waterford

Rive

3/2.1/2

2457

$429,000

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 (after clicking, scroll down for results)

Properties Scheduled to Close

There are just 3 sales in the pending status (waiting to close), as compared to 6 last month.

October Sales

Seven Addison homes sold/closed in October as compared to the 10 that closed the prior month. The median number of days on the market was 88 days, and last month the median was 25. The average number of days on the market was 66 days. The range in October for the previously owned homes was 1 day to 171 days. The average price per square foot of all previously owned homes that sold is $166.52, down from the $175.78 average the prior month. The average list price to sold price ratio is 97.19%, up from last month’s 95.15%.

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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Wayne Johnson
Coldwell Banker D'Ann Harper REALTORS® - San Antonio, TX
San Antonio REALTOR, San Antonio Homes For Sale

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417 that's a good report on conditions in Addison.

Nov 01, 2018 04:28 PM #1
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Rainmaker
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Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

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