Addison Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Addison home sales for the month of February rose in volume by 140% when compared to last year, while the median sale price rose by 27.6% from $180,000 to $229,725. The number of Single Family homes sales rose by 133.3%, while the median sale price rose by 50% from $180,000 to $270,000. Condo/townhome sales rose by 150%, while the median sale price decreased by 37.6% from $168,375 to $105,000.

» View homes for sale in Addison   » View all recent sales in Addison

Median Sale Prices for Addison

259k
227k
235k
180k
276k
265k
262k
249k
261k
265k
276k
270k
225k
247k
259k
229k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Addison

38
20
17
10
32
35
51
43
50
34
35
33
32
31
29
24
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Addison

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 10 24 +140% 28 54 +92.9%
(Single Family) 6 14 +133.3% 19 33 +73.7%
(Condos/Townhomes) 4 10 +150% 9 21 +133.3%
Median Sale Price $180,000 $229,725 +27.6% $224,500 $235,725 +5%
(Single Family) $180,000 $270,000 +50% $245,000 $278,000 +13.5%
(Condos/Townhomes) $168,375 $105,000 -37.6% $137,750 $110,500 -19.8%
Days on Market 21 23 +12.2% 19 30 +57.9%
(Single Family) 20 55 +182.1% 18 37 +105.6%
(Condos/Townhomes) 21 13 -39% 20 22 +10%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Addison? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Addison?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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