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Real Estate Market Report for Addison, Texas: December 2020

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Report for Addison, Texas:  December 2020

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 34, as compared to 45 last month.  Twenty six are pre-owned and 8 are new construction. Currently for sale, there are:Towne Lake in Addison

  • 7 single family homes (ranging in price from $397,000 - $2,195,000)
  • No half-duplexes
  • 20 condos ($175,000 – $469,000)
  • 7 townhomes ($364,900 - $590,000)

Twenty nine 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 93 days, as compared to 84 last month. The median number of days on the market is 59 days, compared to last month’s 42 days.  

 

New listings in December

Fourteen homes came on the market in Addison, TX in December, compared to 19 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

12/1/2020
Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

3/2/2

1957

$359,900

Active

Aventura

Addison Circle

2/2.1/2

2310

$411,000

Active

District A

Spectrum

3/3/2

2110

$377,800

Pending

District A

Parkview

3/3.1/2

2450

$425,000

Active

Valley of Bent Tree

Ledgemont Ln.

2/2/0

1076

$175,000

Active

Valley of Bent Tree

Ledgemont Ln.

1/1/0

739

$139,900

Sold

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Surveyor

3/3/2

1836

$350,000

Pending

TOWNHOUSES

 

 

 

 

 

Addison Circle

Morris Ave.

3/3.1/2

2645

$524,900

Pending

Asbury Circle

Amberwood

3/3.1/2

2509

$445,000

Active

Town Homes of Addison

Juliard Dr.

2/2.1/2

1600

$350,000

Option

Town Homes of Addison

Berklee

2/2.1/2

1582

$310,000

Pending

SINGLE FAMILY HOMES

 

 

 

 

 

Grand Addison

Dove Court

3/2.1/2

2038

$439,900

Active

Midway Meadows

Bobbin

4/2.1/2

2307

$375,000

Pending

Midway Meadows

Dome

3/2.1/2

2202

$439,000

Pending

 

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

 

 Sales

Twenty Addison homes sold/closed in December; 16 closed the prior month. The median number of days on the market was 32 days, and last month the median was 7.  The average number of days on the market was 44 days. The range in December for the previously owned homes was 2 days to 261 days. The average price per square foot of all previously owned homes that sold is $185.73, down from last month’s $198.99 average. The average list price to sold price ratio is 97.16%, an increase from last month’s 96.97%.

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, REALTOR
HomeSmart Stars

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


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Comments(3)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Wishing you a joyful and prosperous 2021! We all deserve a new year! And a fresh start 

Jan 01, 2021 08:55 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jan 02, 2021 08:21 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and enjoy  your day!

Oct 10, 2021 07:52 AM