Real Estate Market Trends for Addison, TX: December 2022
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 27, the same as last month. Twenty one are pre-owned and six are new construction at Addison Grove. Currently for sale, there are:
-
8 single family homes (ranging in price from $599,000 - $1,090,000)
- No half-duplexes
- 10 condos ($250,000 - $625,000)
- 9 townhomes ($444,000 - $810,000)
Twenty of the 27 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 143 days, as compared to 58 last month. The median number of days on the market is 75 days, compared to last month’s 42 days.
New listings in December
Thirteen homes came on the market in Addison, TX in December, the same as the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
1/2/23 |
CONDOS |
|
|
|
|
|
Aventura |
Addison Circle |
2/2.1/2 |
2223 |
$520,000 |
Active |
Brooktown |
Vitruvian Way |
2/2.1/0 |
1373 |
$385,000 |
Active |
District A |
Seabolt |
4/3.1/2 |
2447 |
$524,950 |
Active |
District A |
Parkview |
2/2.1/2 |
1895 |
$449,900 |
Active |
La Mirada |
Proton |
2/2.1/1 |
1117 |
$240,000 |
Option |
Meridian Square |
Spectrum |
3/2.1/2 |
1837 |
$598,000 |
Active |
Valley of Bent Tree |
Ledgemont |
1/1/0 |
696 |
$165,000 |
Pending |
HALF DUPLEXES |
|
|
|
|
|
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Addison Grove |
Runyon |
2/2.1/2 |
1401 |
$525,000 |
Active |
Town Homes of Addison |
Oberlin Way |
3/3/2 |
2018 |
$450,000 |
Option |
SINGLE FAMILY HOMES |
|
|
|
|
|
Waterford |
Azure |
3/2/2 |
1840 |
$615,000 |
Active |
Waterford |
Azure |
3/2.1/2 |
2605 |
$599,000 |
Option |
Waterview Estates |
Waterview |
3/2.1/2 |
2186 |
$650,000 |
Sold |
Westfield |
Heritage |
3/2/2 |
1980 |
$609,000 |
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 20 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.
December Sales
There were 16 closings this month, compared to the 11 last month. The average list price to sold price ratio is 98.6%, down slightly from last month’s 98.8%. Only 4 properties sold over asking price.
Pre-owned homes: The median number of days on the market was 20 days, while the previous month the median was 12. The average number of days on the market was 40 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 sold is $210.15, down from last month’s $239.78 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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