Real Estate Market Report for Addison, TX:  October 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, TX:  October 2021

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 21, as compared to 26 last month.  Seventeen are pre-owned and 4 are new construction at Addison Grove. Currently for sale, there are:

  • 7 single family homes (ranging in price from $399,900 - $3,750,000)
  • 1 half-duplex ($414,000)Addison Timbers HOA Home
  • 4 condos ($159,900 – $525,000)
  • 9 townhomes ($398,000 - $1,350,000)

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

The average number of days on the market for the 17 “active” status, pre-owned homes is 64 days, as compared to 44 last month. The median number of days on the market is 67 days, compared to last month’s 42 days.  These increased numbers are likely due to the few $1M+ homes for sale.

 

New listings in October

Thirteen homes came on the market in Addison, TX in October, compared to 14 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

11/1/2021
Status

CONDOS

 

 

 

 

 

Meridian Square

Meridian Ln.

3/3/2

1635

$420,000

Pending

Valley of Bent Tree

Ledgemont Ln.

1/1/0

746

$169,900

Active

HALF DUPLEXES

 

 

 

 

 

None this month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Grove

Runyon

4/4/2

2237

$561,000

Active

Addison Grove

Oak St.

2/3.1/2

2167

$560,000

Active

Asbury Circle

Everwood

2/4/2

2483

$479,900

Active

Towne Lake

Towne Lake

3/3/2

2043

$464,900

Sold

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Upper Bay Rd.

3/3/2

1992

$335,000

Pending

Addison Place

Vinland

3/3/2

2262

$399,900

Active

Bellbrook Estates

Bellbrook Dr.

5/7.2/4

9326

$3,495,000

Active

Grand Addison

Aspen Ct.

3/2.1/2

2301

$445,000

Option

Midway Meadows

Le Grande Dr.

2/2/2

1400

$462,000

Active

Waterford

Meadowcreek Cir

3/2/2

1816

$449,900

Pending

Waterford

Canot

3/2/2

1980

$468,500

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 18 homes in the pending status (waiting to close), as compared to 4 last month.

 

 October Sales

There were 9 closings this month, compared to the 31 last month. In September, the new construction condos at Meridian Square were ready for occupancy, so the numbers were higher than normal last month. The average list price to sold price ratio is 100.05%, up from last month’s 99.85%.

Pre-owned: The median number of days on the market was 26 days, while the previous month the median was 12.  The average number of days on the market was 28 days. The range in October for the previously owned homes was 3 days to 71 days. The average price per square foot of all previously owned homes that sold is $220.55, up from last month’s $215.54 average.

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 (4)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lorrie and thanks you for sharing your market report with us here in the Rain.  Make it a great day!

 

Nov 02, 2021 01:04 PM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Nov 02, 2021 07:28 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Lorrie,  Thank you for sharing the information and market report on Addison.  Buyers and sellers would benefit from your expertise.

Nov 02, 2021 07:47 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Appreciate the update on Addison, TX Lorrie. You are definitely the go-to person for this area.

Nov 03, 2021 11:36 AM