Real Estate Market Trends for Addison TX: January 2024
Residential Real Estate For Sale in Addison, Texas
The total number of currently available residential properties for sale in Addison, Texas is 22, down from 23 active listings last month. Sixteen are pre-owned and 6 are new construction at Addison Grove. Currently for sale, there are:
- 8 single family homes (ranging in price from $525,000 to $3,500,000)
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No half-duplexes
- 2 condos ($449,000 to $495,000)
- 12 townhomes ($525,000 to $880,000)
Fifteen of the 22 available homes have been on the market for longer than 30 days. The average number of days on the market for the current "active" status, pre-owned homes is 74 days, as compared to 114 last month. The median number of days on the market is 49 days, compared to last month's 59 days.
New Listings in January
Nine homes came on the market in Addison, Texas in January, while there were 7 the previous month.
CONDOS |
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Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
2/1/24 Status |
La Mirada |
Proton |
1/1.1/1 |
920 |
$225,000 |
Sold |
HALF DUPLEXES | |||||
Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
2/1/24 Status |
None this month |
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TOWNHOUSES |
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Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
2/1/24 Status |
Addison Grove |
Oak |
4/3.1/2 |
1938 |
$699,000 |
Active |
Addison Grove |
Oak |
4/3.1/2 |
2303 |
$725,000 |
Active |
Addison Grove |
Runyon |
3/3.1/2 |
2239 |
$699,900 |
Active |
Addison Grove |
Oak St. |
3/3.1/2 |
1932 |
$575.000 |
Option |
Asbury Circle |
Sugar Tree Way |
3/3.1/2 |
2325 |
$525.000 |
Active |
SINGLE FAMILY |
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Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
2/1/24 Status |
Grand Addison |
Whitman Ct. |
3/2.1/2 |
1827 |
$525,000 |
Active |
Midway Meadows |
Le Grande |
3/2/2 |
1839 |
$659,000 |
Active |
Oaks North |
Lochinvar |
3/3/3 |
3293 |
$1,049,000 |
Active |
Search for Addison Real Estate:
If you're looking for an Addison home, use the following links 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!
Addison single family homes for sale
Addison rental properties for lease
Properties Scheduled to Close
There are 9 homes in the pending status (waiting to close), as compared to 13 last month. Six of these are new construction townhomes at Addison Grove.
Sales
There were 6 closings this month compared to 5 last month. The average list price to sold price ratio is 100.8%, up from last month's 99.1%. Only 2 of these properties sold below asking price.
Pre-owned homes: The median number of days on the market for the pre-owned homes that sold was 10 days, while the previous month the median was 38 days. The average number of days on the market was 14 days. The range in January for the previously owned home was 5 days to 39 days. The average price per square foot of all previously owned homes sold is $269.50, up from last month's $264.20.
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! Reach out and let's get started!
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