Real Estate Market Report for Addison, Texas:  July 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, Texas:  July 2021

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 26, as compared to 20 last month.  Twenty-one are pre-owned and 5 are new construction. Currently for sale, there are:

  • 8 single family homes (ranging in price from $262,500 - $3,995,000)
  • 2 half-duplexes ($359,000 - $430,000)Addison Water Tower
  • 7 condos ($235,000 – $429,000)
  • 9 townhomes ($410,000 - $709,900)

Fourteen of the available homes have been on the market for longer than 30 days.  

The average number of days on the market for the 21 “active” status, pre-owned homes is 49 days, as compared to 52 last month. The median number of days on the market is 28 days, compared to last month’s 30 days.  

 

New listings in July

Twenty homes came on the market in Addison, TX in July, compared to 23 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

8/1/2021
Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1735

$319,990

Active

Brooktown

Vitruvian Way

2/2.1/0

1373

$235,000

Active

District A

Parkview

2/2.1/2

2026

$379,000

Active

District A

Quorum

3/3.1/2

2279

$425,000

Option

District A

Breedlove

2/2.1/2

1863

$383,000

Active

Meridian Square

Spectrum Dr.

3/2.1/2

1863

$475,000

Option

HALF DUPLEXES

 

 

 

 

 

None this month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Asbury Circle

Asbury Ln.

3/3.1/2

2707

$450,000

Option

Asbury Circle

Amberwood

3/3.1/2

2400

$429,000

Active

Meridian Square

Quorum Dr.

4/3.1/2

2232

$599,900

Active

Town Homes of Addison

Berklee

2/2.1/2

1674

$340,000

Option

Towne Lake

Towne Green

3/2.1/2

1998

$479,900

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Knots Landing

1/1.2/2

1288

$262,500

Active

Addison Place

Planters Row

3/2/2

1571

$335,000

Option

Addison Place

Vinland

3/3/2

1727

$325,000

Active

Bellbrook Estates

Havenshire

4/3.1/2

4429

$1,250,000

Pending

Les Lacs Garden Homes

Rive Ln.

2/2/2

1272

$349,999

Option

Midway Meadows

Rush Circle

2/2/2

1409

$349,999

Cancelled

Waterford

Azure

3/2/2

2207

$465,000

Contingent

Waterford

Azure

4/3/2

2652

$500,000

Active

Westfield Court

Old Town Rd.

3/2/2

1855

$424,900

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 29 homes in the pending status (waiting to close), as compared to 38 last month. Twenty two of these are new construction.

 

 July Sales

Fourteen previously owned Addison homes sold/closed in July, along with 3 new construction homes; a total of 18 homes closed the prior month. The average list price to sold price ratio is 100.13%, up from last month’s 99.16%.

Pre-owned: The median number of days on the market was 11 days, while the previous month the median was 16.  The average number of days on the market was 32 days. The range in July for the previously owned homes was 2 days to 147 days. The average price per square foot of all previously owned homes that sold is $207.27, down from last month’s $217.94 average.

New construction: The median number of days on the market was 145 days.  The average number of days on the market was 105 days. The average price per square foot of all new construction homes that sold is $242.12.

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

It’s always a GREAT time to buy or sell a home in Addison! Contact me and let’s get started!

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 (2)

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.

Aug 01, 2021 03:35 PM
Richard Woodward NMLS#217454
Cornerstone First Mortgage, NMLS #173855 - Dallas, TX
Service Beyond Expectations! Your Texas Lender

Thanks for sharing the information.  I wonder why these homes have been on the market so long?

Aug 03, 2021 07:36 AM