Real Estate Market Trends for Addison, TX: January 2023
Residential Real Estate For Sale in Addison Texas
The total number of currently available residential properties for sale in Addison, Texas is 17, while there were 27 last month. Thirteen are pre-owned and 4 are new construction at Addison Grove. Currently for sale, there are:
-
5 single family homes (ranging in price from $599,0
00 - $1,040,000)
- No half-duplexes
- 6 condos ($279,000 - $599,500)
- 6 townhomes ($444,000 - $769,990)
Thirteen of the 17 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 65 days, as compared to 143 last month. The median number of days on the market is 51 days, compared to last month’s 75 days.
New listings in January
Twelve homes came on the market in Addison, TX in January, while there were 13 the previous month.
Subdivision |
Street |
BR/Bath/Gar |
Sq Ft |
List Price |
2/1/23 |
CONDOS |
|
|
|
|
|
Brooktown |
Vitruvian Way |
2/2.1/0 |
1373 |
$279,000 |
Active |
Pecan Square |
Beltway Dr. |
2/2/0 |
961 |
$250,000 |
Pending |
HALF DUPLEXES |
|
|
|
|
|
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Addison Grove (N) |
Runyon Rd |
4/4/2 |
2227 |
$610,000 |
Active |
Addison Grove (N) |
Oak St. |
3/3.1/3 |
2738 |
$759,990 |
Active |
Addison Grove (N) |
Oak St. |
3/3.1/3 |
2697 |
$769,990 |
Active |
Town Homes of Addison |
Oberlin Way |
3/2.1/2 |
1884 |
$450,000 |
Pending |
SINGLE FAMILY HOMES |
|
|
|
|
|
Addison Town Center |
Park Pl. |
3/2.1/2 |
3473 |
$650,000 |
Active |
Grand Addison |
Dickenson Ct. |
3/2/2 |
1757 |
$540,000 |
KickOut |
Les Lacs |
Lexus Ave. |
5/4/2 |
3447 |
$720,000 |
Active |
Waterford |
Waterside |
3/2/2 |
1975 |
$675,000 |
Option |
Waterford |
Waterside |
3/2/2 |
1757 |
$599,000 |
Option |
Waterford |
Chatham Court |
3/2/2 |
2056 |
$599,000 |
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 26 homes in the pending status (waiting to close), as compared to 20 last month. Seventeen of these are incomplete new construction townhomes at Addison Grove. Some of the townhomes have been under contract since summer, 2021.
January Sales
There were just 5 closings this month, compared to 12 last month. The average list price to sold price ratio is 99.9%, up from last month’s 98.6%. Only 2 properties sold over asking price.
Pre-owned homes: The median number of days on the market was 27 days, while the previous month the median was 20. The average number of days on the market was 36 days. The range in January for the previously owned homes was 3 day to 114 days. The average price per square foot of all previously owned homes sold is $281.95, up from last month’s $210.15 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!
Comments(1)