Real Estate Market Report for Addison, Texas:  November 2020

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas:  November 2020

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 45, as compared to 43 last month.  Thirty three are pre-owned and 12 are new construction. Currently for sale, there are:

  • 14 single family homes (ranging in price from $400,000 - $2,195,000)
  • 2 half-duplexes ($314,900 - $338,900)
  • 12 condos ($189,000 – $459,000)
  • 19 townhomes ($331,900 - $594,000)

Thirty three of the 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 84 days, as compared to 78 last month. The median number of days on the market is 42 days, compared to last month’s 44 days.  

 

New listings in November

Nineteen homes came on the market in Addison, TX in November, compared to 32 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

12/1/2020
Status

CONDOS

 

 

 

 

 

District A

Seabolt

2/2.1/2

1980

$394,990

Active

District A

Seabolt

2/2.1/2

2009

$399,000

Active

District A

Seabolt

3/3.1/2

2339

$465,000

Active

District A

Spectrum

2/2.1/2

1925

$350,000

Option

La Mirada

Proton

3/2.1/1

1473

$259,000

Pending

Pecan Square

Beltway

2/1.1/1

990

$188,900

Pending

HALF DUPLEXES

 

 

 

 

 

None This Month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Grove

Oak St.

3/3.1/2

2571

$590,000

Active

Addison Grove

Oak St.

3/3.1/2

2580

$594,000

Active

Asbury Circle

Amberwood

3/3.1/2

2549

$439,900

Active

Towne Lake

Towne Green

4/2.1/2

2147

$430,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Grand Addison

Flanders

3/2/2

1868

$325,000

Pending

Les Lacs

Lexus

3/2.1/2

2201

$435,000

Pending

Midway Meadows

Pokolodi

2/2/2

1409

$320,000

Option

Midway Meadows

Winter Park

4/3/2

3208

$575,000

Active

Oaks North

Oaks North

2/3/2

2364

$549,900

Option

Oaks North

Trafalgar Square

3/3.1/2

3580

$699,888

Active

Waterford

Canot

3/3/2

2580

$489,900

Option

Waterford

Canot

3/2.1/2

2810

$495,000

Active

Waterford

Azure

3/2/2

2001

$469,900

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 24 homes in the pending status (waiting to close), as compared to 23 last month. Fourteen of these are new construction.

 

 Sales

Sixteen Addison homes sold/closed in November; 16 closed the prior month. The median number of days on the market was 7 days, and last month the median was 8.  The average number of days on the market was 28 days. The range in November for the previously owned homes was 1 day to 154 days. The average price per square foot of all previously owned homes that sold is $198.99, up from the $195.61 average the prior month. The average list price to sold price ratio is 96.97%, a decrease from last month’s 100.05% when several homes sold above list price.

 

Considering selling your Addison house? Contact me to discuss the selling and marketing process. 

 

Although it’s always a GREAT time to buy or sell a home in Addison, please take COVID-19 precautions!

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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Comments (3)

Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Addison home buyers and sellers are sure to value your real estate market report, Lorrie!

Dec 09, 2020 03:51 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417 this is valuable information for local Buyers and Sellers.

Dec 22, 2020 10:53 AM
Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy  your day!

Oct 10, 2021 07:52 AM