Real Estate Market Report for Addison, Texas: January 2019

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: January 2019

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 22, down from 23 last month. Inventory is still low! Currently for sale, there are:Addison, Texas single family home

  • 8 single family homes (ranging in price from $275,000 - $700,000)
  • 1 half-duplex ($325,000)
  • 10 condos ($155,000 – $515,000)
  • 3 townhomes ($379,999 - $439,000)

Fifteen of the 22 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 83 days as compared to 88 last month). The median number of days on the market is 87 days, compared to last month’s 79 days.

 

New listings in January

Just 11 homes came on the market in Addison, TX in January 2018 as compared to 6 the previous month.  

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

2/1/19 Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2.1/2

1983

$374,900

Active

La Mirada

Proton

1/1.1/1

1225

$155,000

Active

Pecan Square

Beltway

1/1/1

699

$129,900

Contingent

Townhomes of District A

Seabolt

2/2.1/2

2009

$369,000

Option

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Grove

Oak (New Const)

3/3.1/2

2153

$439,900

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Vinland

2/2/2

1539

$240,000

Option

Addison Place

Upper Bay

3/3/2

1992

$285,000

Active

Midway Meadows

Bobbin

3/2/2

2219

$374,900

Active

Oaks North

Paladium Dr.

3/2.1/2

3023

$700,000

Active

Oaks North

Oaks North

3/3/2

3044

$550,000

Temp Off Mkt

Westfield Court

Vintage Ln.

3/2.1/2

2556

$399,000

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

January Sales

Eight Addison homes sold/closed in January; 6 closed the prior month. The median number of days on the market was 40 days, and last month the median was 30. The average number of days on the market was 55 days. The range in January for the previously owned homes was 4 days to 132 days. The average price per square foot of all previously owned homes that sold is $172.38, down from the $184.29 average the prior month. The average list price to sold price ratio is 96.62%, a decrease to last month’s 98.31%.

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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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Feb 01, 2019 11:29 PM #1
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Rainmaker
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