Real Estate Market Report for Addison, TX: October 2022
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 23, the same as last month. Sixteen are pre-owned and 7 are new construction at Addison Grove. Currently for sale, there are:
- 8 single family homes (ranging in price from $449,900 - $1,150,000)
-
No half-duplexes
- 5 condos ($401,999 - $625,000)
- 10 townhomes ($444,000 - $890,000)
Twenty 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 59 days, as compared to 37 last month. The median number of days on the market is 54 days, compared to last month’s 30 days.
New listings in October
Fourteen homes came on the market in Addison, TX in October, while there were 16 new listings the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
11/2/22 |
CONDOS |
|
|
|
|
|
Meridian Square |
Meridian Ln. |
3/3/2 |
1944 |
$625,000 |
Active |
Pecan Square |
Beltway |
1/1/1 |
683 |
$179,900 |
Pending |
HALF DUPLEXES |
|
|
|
|
|
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Asbury Circle |
Asbury Ln. |
4/4/2 |
2775 |
$539,000 |
Pending |
Asbury Circle |
Amberwood |
4/4/2 |
2571 |
$499,000 |
Cancelled |
Stanford Court Villas |
Stanford Court |
3/3/2 |
2360 |
$565,000 |
Pending |
Townhomes of Addison |
Peabody Ct. |
3/3/2 |
1819 |
$444,000 |
Active |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Place |
Knots Landing |
2/2/2 |
1425 |
$330,000 |
Pending |
Grand Addison |
Parker Ct. |
3/2.1/2 |
1956 |
$451,000 |
Option |
Midway Meadows |
Pokolodi |
3/2.1/2 |
1608 |
$390,000 |
Pending |
Oaks North |
Paladium |
3/2.1/2 |
3023 |
$960,000 |
Active |
Waterford |
Waterford |
3/2/2 |
1751 |
$550,000 |
Contingent |
Waterford |
Azure |
3/2.1/2 |
2408 |
$585,000 |
Pending |
Waterford |
Azure |
4/3/2 |
2715 |
$650,000 |
Pending |
Waterford |
Waterside |
3/2/2 |
1757 |
$625,000 |
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 25 homes in the pending status (waiting to close), as compared to 23 last month. Sixteen of these are incomplete new construction townhomes at Addison Grove.
October Sales
There were 12 closings this month, compared to the 6 last month. The average list price to sold price ratio is 99.0%, down slightly from last month’s 99.2%. Only 2 properties sold below asking price.
Pre-owned homes: The median number of days on the market was 13 days, while the previous month the median was 17. The average number of days on the market was 26 days. The range in October for the previously owned homes was 3 days to 88 days. The average price per square foot of all previously owned homes sold is $273.90, up from last month’s $259.91 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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