Real Estate Market Report for Addison, TX:  December 2021

By
Real Estate Agent with United Real Estate TX #0552717

Real Estate Market Report for Addison, TX:  December 2021

Residential Real Estate For Sale in Addison Texas

The total number of currently available residential properties for sale in Addison, Texas is 14, as compared to 19 last month.  Eleven are pre-owned and 3 are new construction at Addison Grove. Currently for sale, there are:

  • 5 single family homes (ranging in price from $367,000 - $3,750,000)Addison Water Tower
  • No half-duplexes
  • 3 condos ($135,000 – $425,000)
  • 6 townhomes ($424,900 - $1,350,000)

Nine 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 82 days, as compared to 73 last month. The median number of days on the market is 73 days, compared to last month’s 56 days.  There are a few $1M+ homes for sale, skewing the numbers.

 

New listings in December

Just 10 homes came on the market in Addison, TX in December, compared to 16 the previous month.   

Subdivision

Street

BR/Bath/Gar

Sq Ft

List Price

12/31/2021
Status

CONDOS

 

 

 

 

 

La Mirada

Proton

2/2.1/1

1117

$239,000

Option

Townhomes of District A

Spectrum

2/2.1/2

1913

$367,900

Pending

Valley of Bent Tree

Ledgemont

1/1/0

746

$174,900

Active

Valley of Bent Tree

Ledgemont

2/2/0

1046

$205,000

Pending

Valley of Bent Tree

Ledgemont

1/1/0

739

$135,000

Active

HALF DUPLEXES

 

 

 

 

 

None this month

 

 

 

 

 

TOWNHOUSES

 

 

 

 

 

Addison Grove

Runyon

3/3.1/2

2102

$573,000

Active

Addison Grove

Runyon

2/2.1/2

1403

$460,000

Active

Asbury Circle

Amberwood

3/3.1/2

2467

$450,000

Pending

Meridian Square

Calloway

2/2.1/2

1954

$447,200

Option

Town Homes of Addison

Oberlin Way

2/2/2

1398

$289,000

Pending

SINGLE FAMILY HOMES

 

 

 

 

 

None this month

 

 

 

 

 

 

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 15 last month.

 

 December Sales

There were 14 closings this month, compared to the 15 last month. The average list price to sold price ratio is 98.36%, down from last month’s 100.51%.

Pre-owned homes: The median number of days on the market was 20 days, while the previous month the median was 21.  The average number of days on the market was 41 days. The range in December for the previously owned homes was 1 day to 129 days. The average price per square foot of all previously owned homes that sold is $212.03, up from last month’s $206.01 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, REALTOR
United Real Estate Dallas

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


Ready to buy or sell?
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Real Estate.

 

Comments (5)

Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Great info to motivate your clients Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417 

Happy New Year! 🍾🥂💥

Jan 01, 2022 07:39 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and happy new year!

Jan 01, 2022 07:44 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

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

Jan 03, 2022 05:14 PM
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am amazed at the Days of Market that you mention. DOM in our area is less than 3 weeks on average.

It reminds us the "Real Estate Is Local".

Jan 11, 2022 08:01 PM
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Our DOM reflects some VERY high priced homes - one is over $3M.  Most of the others still for sale are either newly listed or priced too high. The reasonably priced homes sell fast.

Jan 12, 2022 07:05 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will love your excellent local real estate reports.

Jan 13, 2022 07:13 AM