Real Estate Market Trends for Addison TX: March 2024
Residential Real Estate For Sale in Addison, Texas
The total number of currently available residential properties for sale in Addison, Texas is 22, the same number of active listings at the beginning of 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 $590,000 to $5,850,000)
- No half-duplexes
- 3 condos ($229,000 to $549,900)
- 11 townhomes ($509,000 to $880,000)
Eleven 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 40 days, as compared to 75 last month. The median number of days on the market is 26 days, compared to last month's 56 days. The spring selling season is upon us!
New Listings in March
Sixteen properties came on the market in Addison, Texas in March, while there were 14 the previous month.
CONDOS |
|
|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
4/2/24 Status |
Aventura |
Addison Circle |
2/2.1/2 |
2310 |
$514,900 |
Pending |
Aventura |
Addison Circle |
2/2/2 |
1848 |
$439,000 |
Option |
Brooktown |
Vitruvian Way |
2/2.1/0 |
1373 |
$259,900 |
Active |
District A |
Calloway |
2/2.1/2 |
1904 |
$549,900 |
Active |
HALF DUPLEXES | |||||
Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
4/2/24 Status |
None this month |
|
|
|
|
|
TOWNHOUSES |
|
|
|
|
|
Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
4/2/24 Status |
Addison Grove |
Magnolia |
2/2.1/2 |
1293 |
$530,000 |
Active |
Towne Lake |
Towne Green Circle |
3/2.1/2 |
1974 |
$599,500 |
Active |
Towne Lake |
Towne Green |
3/2.1/2 |
1974 |
$620,000 |
Active |
SINGLE FAMILY |
|
|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
4/2/24 Status |
Addison Place |
Vinland |
3/3/2 |
1728 |
$425,000 |
Pending |
Addison Place |
Planters Row |
2/2/2 |
1575 |
$370,000 |
Option |
Bellbrook Estates |
Bellbrook Dr. |
6/7.2/4 |
9154 |
$3,200,000 |
Active |
Butler |
Lake Forest |
5/6.3/4 |
11,057 |
$5,850,000 |
Active |
Chatham Court |
Chancey |
3/2.1/2 |
2142 |
$600,000 |
Active |
Grand Addison |
Camelot |
3/2/2 |
2057 |
$650,000 |
Contingent |
Oaks North |
Oaks North |
4/3.1/2 |
3916 |
$1,200,000 |
Active |
Waterford |
Waterside Ct. |
3/2.1/2 |
2731 |
$698,000 |
Contingent |
Waterview Estates |
Waterview Dr. |
5/3/2 |
2548 |
$765,000 |
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 8 homes in the pending status (waiting to close), as compared to 9 last month. Two of these are new construction townhomes at Addison Grove.
Sales
There were 14 closings this month compared to 7 last month. The average list price to sold price ratio is 99.5%, up from last month's 96.8%. Only 5 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 28 days, while the previous month the median was 77 days. The average number of days on the market was 39 days. The range in March for the previously owned home was 1 day to 136 days. The average price per square foot of all previously owned homes sold is $279.13, up from last month's $251.73.
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!
Comments(0)