Real Estate Market Trends for Addison TX: August 2024
Residential Real Estate For Sale in Addison, Texas
The total number of currently available residential properties for sale in Addison, Texas is 31 homes, down from 36 active listings at the beginning of last month. Twenty five are pre-owned and 6 are new construction at Addison Grove. Currently for sale, there are:
- 12 single family homes (ranging in price from $425,000 to $4,950,000)
-
6 condos ($195,000 to $574,000)
- 13 townhomes ($499,000 to $880,000)
Nineteen of the 31 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 54 days, as compared to 47 last month. The median number of days on the market is 44 days, compared to last month's 48 days.
New Listings in August
Nineteen properties came on the market in Addison, Texas in August, while there were 20 the previous month.
CONDOS |
|
|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
9/4/24 Status |
La Mirada |
Proton |
2/2.1/1 |
1396 |
$369,921 |
Active |
La Mirada |
Proton |
2/2.1/1 |
1396 |
$320,000 |
Option |
Meridian Square |
Meridian |
2/2.1/2 |
1966 |
$574,000 |
Active |
Valley of Bent Tree |
Ledgemont |
1/1/0 |
746 |
$195,000 |
Active |
TOWNHOUSES |
|
|
|
|
|
Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
9/4/24 Status |
Towne Lake |
Towne Lake Circle |
4/2.1/2 |
2415 |
$650,000 |
Active |
SINGLE FAMILY |
|
|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
9/4/24 Status |
Addison Place |
Westgrove |
2.2.2 |
1402 |
$285,000 |
Option |
Grand Addison |
Hawthorne |
3/2.1/2 |
2376 |
$690,000 |
Active |
Les Lacs |
Plage |
2/2/2 |
980 |
$425,000 |
Active |
Les Lacs |
Lexus |
4/3.1/2 |
2816 |
$699,000 |
Active |
Midway Meadows |
Le Grande |
2/2/2 |
1603 |
$495,400 |
Contingent |
Midway Meadows |
Morman |
3/3/2 |
1800 |
$455,000 |
Active |
Waterford |
Azure |
4/3/2 |
2501 |
$769,000 |
Active |
Waterford |
Azure |
3/3/2 |
2797 |
$689,900 |
Active |
Waterford |
Lakeview Ct. |
3/2/2 |
1909 |
$695,000 |
Active |
Westfield Court |
Vintage |
3/2/2 |
2228 |
$599,000 |
Option |
Wismer |
Winnwood |
4/3/3 |
3497 |
$1,800,000 |
Active |
Woods Rev |
Winnwood |
5/4.1/3 |
6862 |
$2,150,000 |
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 13 homes in the pending status (waiting to close), as compared to 14 last month. Five of these are new construction townhomes at Addison Grove.
Sales
There were 9 closings this month and 13 last month. The average list price to sold price ratio is 97.0%, down from last month's 98.8%. Only 1 of these properties sold above asking price.
Pre-owned homes: The median number of days on the market for the pre-owned homes that sold was 18 days, while the previous month the median was 6 days. The average number of days on the market was 50 days. The range in August for the previously owned home was 3 days to 147 days. The average price per square foot of all previously owned homes sold is $266.01, down from last month's $284.43.
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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