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Real Estate Market Trends for Addison TX:  April 2024

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Trends for Addison TX:  April 2024

 

Residential Real Estate For Sale in Addison, Texas

The total number of currently available residential properties for sale in Addison, Texas is 32, up from 22 active listings at the beginning of last month. Twenty four are pre-owned and 8 are new construction at Addison Grove. Currently for sale, there are:Addison Home For Sale

  • 11 single family homes (ranging in price from $646,500 to $5,285,000)
  • 6 condos ($199,000 to $549,900)
  • 15 townhomes ($4199,000 to $880,000)

Sixteen of the 32 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 44 days, as compared to 40 last month. The median number of days on the market is 29 days, compared to last month's 26 days.

New Listings in April

Nineteen properties came on the market in Addison, Texas in April, while there were 16 the previous month.

CONDOS

 

 

 

 

 

Subdivision

Street

BR/Bath/Gar

Sq ft

List Price

5/2/24 Status

Aventura

Addison Circle

2/2/2

1848

$415,000

Option

Aventura

Addison Circle

2/2/1

1756

$444,500

Active

District A

Seabolt

2/2.1/2

1719

$425,000

Sold

Meridian Square Condos

Meridian Ln

3/3/2

1635

$540,000

Active

Valley of Bent Tree

Ledgemont

1/1/0

746

$199,000

Active

  

TOWNHOUSES

 

 

 

 

 

Subdivision

Street

BR/Ba/Gar

Sq ft

List Price

5/2/24 Status

Addison Grove

Oak St.

3/3.1/3

2752

$775,000

Active

Addison Grove

Oak St.

2/3.1/2

2411

$725,000

Active

Addison Grove

Oak St.

2/2.1/2

2305

$699,000

Active

Addison Grove

Magnolia St.

3/3.1/2

2010

$655,000

Active

Addison Grove

Oak St.

3/3.1/2

2580

$772,000

Active

Town Homes of Addison

Berklee

2/2.1/2

1590

$480,000

Active

Town Homes of Addison

Oberlin Way

2/2.1/2

1660

$429,000

Active

 

SINGLE FAMILY

 

 

 

 

 

Subdivision

Street

BR/Bath/Gar

Sq ft

List Price

5/2/24 Status

Bellbrook Estates

Havenshire

4/4.1/4

6913

$3,549,000

Active

Celestial Place

Celestial Pl

3/2.1/3

3322

$1,079,000

Active

Grand Addison

Camelot Ct

3/2.1/2

2424

$625,000

Option

Les Lacs

Lakecrest

3/2.1/2

2084

$650,000

Contingent

Les Lacs

Lakecrest

4/3/2

2703

$775,000

Active

Waterford

Azure

3/2.1/2

2797

$725,000

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 condos for sale

Addison townhomes for sale

Addison single family homes for sale

Addison rental properties for lease

Properties Scheduled to Close

There are 10 homes in the pending status (waiting to close), as compared to 8 last month. Three of these are new construction townhomes at Addison Grove.

 Sales

There were 11 closings this month compared to 14 last month. The average list price to sold price ratio is 98.0%%, down from last month's 99.5%. Only 3 of these properties sold at or above asking price.

Pre-owned homes: The median number of days on the market for the pre-owned homes that sold was 87 days, while the previous month the median was 28 days. The average number of days on the market was 66 days. The range in April for the previously owned home was 2 days to 144 days. The average price per square foot of all previously owned homes sold is $288.28, up from last month's $279.13.

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!

 

Posted by

Lorrie Semler, REALTOR
HomeSmart Stars

Serving your residential real estate needs in Dallas, TX and all the surrounding suburbs


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