Real Estate Market Report for Addison, TX: September 2022
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 23, as compared to 22 last month. Sixteen are pre-owned and 7 are new construction at Addison Grove. Currently for sale, there are:
- 7 single family homes (ranging in price from $449,900 - $699,000)
- No half-duplexes
- 5 condos ($235,000 - $625,000)
- 11 townhomes ($465,000 - $890,000)
Fifteen of the 23 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 37 days, as compared to 73 last month. The median number of days on the market is 30 days, compared to last month’s 20 days.
New listings in September
Sixteen homes came on the market in Addison, TX in September, while there were 18 new listings the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
9/3/22 |
CONDOS |
|
|
|
|
|
District A |
Breedlove |
2/2.1/2 |
1880 |
$449,000 |
Pending |
District A |
Parkview |
3/3.1/2 |
2339 |
$599,000 |
Active |
Meridian Square |
Meridian Ln. |
3/3/2 |
2002 |
$570,000 |
Active |
Meridian Square |
Spectrum |
3/2.1/2 |
1754 |
$625,000 |
Active |
Pecan Square |
Beltway |
2/2.1/1 |
1072 |
$250,000 |
Pending |
Pecan Square |
Beltway |
2/1.1/1 |
990 |
$235,000 |
Option |
Pecan Square |
Beltway |
2/2.1/1 |
1029 |
$235,000 |
Active |
Pecan Square |
Beltway |
2/2.1/1 |
1072 |
$250,000 |
Option |
Valley of Bent Tree |
Ledgemont |
1/1/0 |
739 |
$189,000 |
Pending |
HALF DUPLEXES |
|
|
|
|
|
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Stanford Court Villas |
Stanford Ct |
3/3/2 |
2360 |
$550,000 |
Option |
SINGLE FAMILY HOMES |
|
|
|
|
|
Les Lacs |
Rive |
3/3/2 |
1684 |
$475,000 |
Pending |
Midway Meadows |
Dome Dr. |
3/3/2 |
2208 |
$699,000 |
Active |
Waterford |
Bentwater |
3/2/2 |
2157 |
$525,000 |
Option |
Waterford |
Waterford |
3/2/2 |
1968 |
$649,000 |
Active |
Waterview |
Waterview |
3/2/2 |
2139 |
$579,000 |
Active |
Westfield Court |
Vintage |
3/2/2 |
2228 |
$585,000 |
Option |
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 23 homes in the pending status (waiting to close), as compared to 24 last month. Sixteen of these are incomplete new construction townhomes at Addison Grove.
September Sales
There were 6 closings this month, compared to the 13 last month. The average list price to sold price ratio is 99.2%, down from last month’s 103.2%. Only 2 properties sold above asking price.
Pre-owned homes: The median number of days on the market was 17 days, while the previous month the median was 5. The average number of days on the market was 18 days. The range in September for the previously owned homes was 3 days to 35 days. The average price per square foot of all previously owned homes sold is $259.91, down from last month’s $282.68 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!
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