Real Estate Market Report for Addison, Texas: November 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, TX:  November 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.  Fifteen are pre-owned and 4 are new construction at Addison Grove. Currently for sale, there are:

  • 7 single family homes (ranging in price from $367,000 - $3,750,000)
  • No half-duplexes
  • 4 condos ($299,000 – $475,000)Addison Home on Park Place
  • 8 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 15 “active” status, pre-owned homes is 73 days, as compared to 64 last month. The median number of days on the market is 56 days, compared to last month’s 67 days.  There are a few $1M+ homes for sale, skewing the numbers.

 

New listings in November

Sixteen homes came on the market in Addison, TX in November, compared to 13 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

12/1/2021
Status

CONDOS

 

 

 

 

 

Aventura

Addison Circle

2/2/2

1811

$329,900

Pending

Aventura

Addison Circle

2/2/2

1811

$324,900

Option

La Mirada

Proton

3/2.1/1

1473

$299,000

Active

Pecan Square

Beltway Dr.

2/2.1/1

1029

$225,000

Pending

Townhomes of District A

Spectrum

2/2.1/2

2001

$415,000

Option

Townhomes of District A

Spectrum

3/3.1/2

2342

$425,000

Option

Townhomes of District A

Morris

3/3/2

2234

$425,000

Active

HALF DUPLEXES

 

 

 

 

 

None this month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Grove

Runyon

3/3.1/2

1989

$545,000

Active

Addison Grove

Runyon

3/3.1/2

1756

$485,000

Active

SINGLE FAMILY HOMES

 

 

 

 

 

Addison Place

Knots Landing

3/3/2

1992

$367,000

Active

Grand Addison

Evergreen Ct.

3/2.1/2

2024

$569,000

Active

Midway Meadows

Dome

3/2/2

1843

$314,500

Sold

Oaks North

Oaks North

3/3/2

3116

$874,000

Active

Waterford

Canot Ln.

3/2/2

1916

$475,000

Pending

Waterview Estates

Waterview Circle

3/3/2

2100

$520,000

Contingent

Westfield Court

Heritage Ln.

3/2/2

1855

$440,000

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

 

 November Sales

There were 15 closings this month, compared to the 9 last month. The average list price to sold price ratio is 100.51%, up from last month’s 100.05%.

Pre-owned homes: The median number of days on the market was 21 days, while the previous month the median was 26.  The average number of days on the market was 29 days. The range in November for the previously owned homes was 1 day to 86 days. The average price per square foot of all previously owned homes that sold is $206.01, down from last month’s $220.55 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 (2)

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. Buyers & sellers in your area would benefit from your services. Have a great day!

Dec 02, 2021 11:01 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Lorrie,

Thank you for sharing the real estate information. 

Buyers and sellers in your area will benefit from your expertise. 

Wishing you continued success.

Bob

Dec 03, 2021 02:41 PM