Real Estate Market Report for Addison, Texas: April 2019

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: April 2019

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 26, up from 23 last month. Inventory is still low! Currently for sale, there are:

  • 9 single family homes (ranging in price from $262,800 - $1,445,000)Addison home
  • No half-duplexes
  • 11 condos ($135,000 – $425,000)
  • 6 townhomes ($389,000 - $509,000)

Fourteen of the 26 available homes have been on the market for longer than 30 days. Homes are taking a little longer to sell as the market continues to correct.

The average number of days on the market for the “active” status, pre-owned homes is 52 days as compared to 57 last month). The median number of days on the market is 32 days, compared to last month’s 38 days.

 

New listings in April

Twenty homes came on the market in Addison, TX in April, compared to 13 the previous month.  

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

5/1/19 Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1812

$329,900

Active

Aventura

Addison Circle

2/2/2

1756

$365,000

Active

Aventura

Addison Circle

2/2.1/2

2065

$399,900

Active

Meridian Square

Spectrum

2/2/2

1593

$359,000

Active

Pecan Square

Beltway

2/1.1/1

990

$158,000

Temp Off

Townhomes of District A

Spectrum

3/3/2

2110

$399,000

Active

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Circle

Morris Ave.

3/3.1/2

2645

$509,000

Active

Asbury Circle

Asbury Ln.

4/3.1/2

2283

$389,000

Active

Town Homes of Addison

Juliard Ln.

3/3/2

1958

$342,500

Option

Towne Lake

Towne Lake

3/3/2

1894

$390,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Windward Pl.

2/2/2

1818

$290,000

Active

Grand Addison

Emerald Ct.

4/2.1/2

2960

$479,000

Active

Grand Addison

Stratford Ct.

3/2.1/2

2097

$354,900

Active

Grand Addison

Windsor Ct.

3/2.1/2

2062

$369,000

Pending

Midway Meadows

Bobbin

4/2.1/2

1973

$360,000

Sold

Midway Meadows

Bobbin

3/2/2

2219

$369,900

Active

Midway Meadows

Le Grande Dr.

3/2/2

1503

$335,000

Temp Off

Waterford

Azure

3/2.1/2

2893

$490,000

Cancelled

Waterford

Wayside

3/2.1/2

2311

$380,000

Pending

Waterview Estates

Waterview Circle

4/3/2

2591

$449,900

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 14 sales in the pending status (waiting to close), as compared to 14 last month.

April Sales

Fourteen Addison homes sold/closed in April; 7 closed the prior month. The median number of days on the market was 40 days, and last month the median was 18. The average number of days on the market was 47 days. The range in April for the previously owned homes was 1 day to 142 days. The average price per square foot of all previously owned homes that sold is $190.06, up from the $168.10 average the prior month. The average list price to sold price ratio is xx%, a decrease from last month’s 98.23%. There are still price reductions and accepted offers below full price.

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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