Real Estate Market Report for Addison, Texas:  May 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas: May 2021

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 19, as compared to 21 last month.  Fourteen are pre-owned and 5 are new construction. Currently for sale, there are:

  • 7 single family homes (ranging in price from $459,000 - $4,250,000)
  • 2 half-duplexes ($369,000 - $419,000)
  • 8 condos ($347,500 – $469,000)
  • 2 townhomes ($470,000 - $699,900)

Ten 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 61 days, as compared to 44 last month. The median number of days on the market is 22 days, compared to last month’s 10 days.  

 

New listings in May

Sixteen homes came on the market in Addison, TX in May, compared to 29 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

6/1/2021
Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

2128

$374,500

Contingent

District A

Spectrum

2/2.1/2

1860

$370,000

Pending

District A

Breedlove

2/2.1/2

1940

$368,000

Active

District A

Seabolt

3/3/2

2038

$430,000

Active

La Mirada

Proton Dr.

2/2.1/1

1117

$195,000

Option

Meridian Square

Spectrum

3/2.1/2

1837

$469,000

Active

Valley of Bent Tree

Ledgemont Lane

2/2/0

1076

$194,500

Contingent

HALF DUPLEXES

 

 

 

 

 

Midway Meadows

Morman

3/2.1/2

1738

$419,000

Active

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Asbury Ln.

3/3.1/2

2573

$470,000

Active

Meridian Square

Calloway

3/3.1/2

2276

$499,900

Sold

Meridian Square

Calloway

3/3.1/2

2166

$529,000

Option

SINGLE FAMILY HOMES

 

 

 

 

 

Daseke

Celestial

3/3.1/2

7196

$4,250,000

Active

Oaks North

Bedivere Ct.

3/2.1/2

2891

$595,000

Active

Oaks North

Trafalgar

3/3/2

2978

$649,973

Option

Waterford

Azure

3/2/2

1789

$440,000

Sold

Waterford

Chatham Ct.

3/2/2

1799

$459,000

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 33 homes in the pending status (waiting to close), as compared to 39 last month. Twenty two of these are new construction.

 

 Sales

Nineteen Addison homes sold/closed in May; 20 closed the prior month. The median number of days on the market was 36 days, and the previous month the median was 11.  The average number of days on the market was 49 days. The range in May for the previously owned homes was 1 days to 272 days. The average price per square foot of all previously owned homes that sold is $207.05, up from last month’s $196.72 average. The average list price to sold price ratio is 99.19%, an increase from last month’s 98.93%.

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 (4)

Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Lorrie- what an excellent thorough market report for Addison Texas!!!  Sellers and buyers will want this information. 

Jun 03, 2021 03:45 PM
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 what's been going on in Addison Texas Lorrie. It's always interesting to see how other markets are doing.

Jun 04, 2021 02:52 PM
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, Alexander - Lorrie.

Jun 06, 2021 01:42 AM