Real Estate Market Report for Addison, Texas:  February 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas:  February 2021

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 27, as compared to 33 last month.  Seventeen are pre-owned and 10 are new construction. Currently for sale, there are:

  • 4 single family homes (ranging in price from $459,900 - $2,195,000)
  • 1 half-duplex ($335,000)
  • 15 condos ($160,000 – $469,000)
  • 7 townhomes ($385,000 - $599,000)

Eighteen 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 77 days, as compared to 117 last month. The median number of days on the market is 61 days, compared to last month’s 83 days.  

 

New listings in February

Seventeen homes came on the market in Addison, TX in February, compared to 18 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

3/1/2021
Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/1.1/2

2128

$389,900

Active

Aventura

Addison Circle

2/2.1/2

2223

$385,000

Active

Aventura

Addison Circle

1/1/1

1262

$255,000

Active

District A

Parkview

2/2.1/2

1868

$365,000

Pending

La Mirada

Proton

1/1/1/1

920

$195,000

Active

Meridian Square

Spectrum

3/3/2

1853

$439,000

Pending

Meridian Square

Spectrum

2/2/2

1593

$404,000

Active

Valley of Bent Tree

Ledgemont Ln.

1/1/0

739

$129,900

Option

Valley of Bent Tree

Ledgemont Ln.

2/2/0

1076

$199,900

Option

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Surveyor

3/2/2

1817

$335,000

Active

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Amberwood

3/3.1/2

2333

$395,000

Active

Meridian Square

Meridian Ln.

3/3.1/2

2270

$509,000

Active

Town Homes of Addison

Berklee Dr.

2/2.1/2

1600

$325,000

Contingent

SINGLE FAMILY HOMES

 

 

 

 

 

Celestial Place

Celestial Place

3/3.1/3

3500

$975,000

Active

Midway Meadows

Leadville

3/2/2

1836

$469,000

Sold

Oaks North

Oaks North

3/2/1/2

2698

$595,000

Contingent

Westfield Court

Heritage Ln.

3/2/2

1980

$469,900

Sold

 

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 28 homes in the pending status (waiting to close), as compared to 20 last month. Seventeen of these are new construction.

 

 Sales

Nine Addison homes sold/closed in February; 16 closed the prior month. The median number of days on the market was 33 days, and the previous month the median was 8.  The average number of days on the market was 38 days. The range in February for the previously owned homes was 1 day to 153 days. The average price per square foot of all previously owned homes that sold is $200.74, up from last month’s $183.58 average. The average list price to sold price ratio is 99.87%, an increase from last month’s 96.78%.

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.     

Information About Brokerage Services                                                         

                                                                                                

    Find me on the Web:

Lorrie Semler Facebook Lorrie Semler LinkedInLorrie Semler Twitter

 

Comments (4)

Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your Addison, TX market update with us Lorrie. Have a great day!

Mar 03, 2021 02:15 PM
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

Addison home buyers and sellers are sure to appreciate your real estate market report, Lorrie.

Mar 03, 2021 04:41 PM
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thank you for sharing this report Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417 

Mar 03, 2021 05:48 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Lorrie- what a concise market report for Addison Texas. Have a wonderful week. 

Mar 03, 2021 06:34 PM

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?