Real Estate Market Trends for Addison TX: October 2024
Residential Real Estate For Sale in Addison, Texas
The total number of currently available residential properties for sale in Addison, Texas is 50 homes, up from 42 active listings at the beginning of last month. Forty are pre-owned and 10 are new construction at Addison Grove. Currently for sale, there are:
- 19 single family homes (ranging in price from $435,000 to $4,950,000)
-
12 condos ($195,000 to $569,000)
- 19 townhomes ($465,000 to $880,000)
Thirty one of the 50 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 61 days, as compared to 22 last month. The median number of days on the market is 45 days, compared to last month's 15 days. Listings are taking longer to sell.
New Listings in October
Seventeen properties came on the market in Addison, Texas in October, while there were 22 the previous month.
CONDOS |
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|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
11/3/24 Status |
Aventura |
Addison Circle |
2/2.1/2 |
1983 |
$449,000 |
Active |
Brooktown |
Vitruvian Way |
2/2.1/0 |
1373 |
$290,000 |
Active |
Meridian Square |
Meridian Lane |
3/2.1/2 |
1635 |
$494,999 |
Active |
TOWNHOUSES |
|
|
|
|
|
Subdivision |
Street |
BR/Ba/Gar |
Sq ft |
List Price |
11/3/24 Status |
Addison Grove |
Laurel Ln |
4/3.1/2 |
2707 |
$760,000 |
Active |
Addison Grove |
Magnolia |
2/2.1/2 |
1368 |
$540,000 |
Active |
Addison Grove |
Oak St. |
3/3.1/2 |
2024 |
$699,000 |
Active |
Asbury Circle |
Asbury Ln. |
4/3.1/2 |
2288 |
$499,999 |
Active |
Asbury Circle |
Asbury Ln. |
3/3.1/2 |
2317 |
$525,000 |
Active |
Asbury Circle |
Asbury Ln. |
3/3.1/2 |
2467 |
$500,000 |
Active |
SINGLE FAMILY |
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|
|
|
|
Subdivision |
Street |
BR/Bath/Gar |
Sq ft |
List Price |
11/3/24 Status |
Addison Place |
Vinland |
3/3/2 |
2037 |
$499,500 |
Active |
Addison Place |
Upper Bay |
3/2/2 |
1571 |
$489,900 |
Active |
Addison Place |
Upper Bay |
3/2.1/2 |
1797 |
$445,000 |
Active |
Addison Town Center |
Park Place |
3/2/2 |
2073 |
$675,000 |
Active |
Bellbrook Estates |
Havenshire |
4/4.1/4 |
6913 |
$3,500,000 |
Active |
Grand Addison |
Woodshadow |
4/2.1/2 |
2921 |
$699,000 |
Active |
Grand Addison |
Princeton |
3/2.1/2 |
1824 |
$549,000 |
Active |
Westfield Court |
Vintage |
4/3.1/2 |
3586 |
$850,000 |
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 5 homes in the pending status (waiting to close), as compared to 12 last month. One of these is a new construction townhome at Addison Grove.
Sales
There were 13 closings this month and 10 last month. The average list price to sold price ratio is 96.9%, down from last month's 99.2%. Only one 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 20 days, while the previous month the median was 36 days. The average number of days on the market was 46 days. The range in October for the previously owned home was 1 day to 332 days. The average price per square foot of all previously owned homes sold is $280.93, up from last month's $259.66.
New construction homes: 1 newly built townhome at Addison Grove closed. It was on the market for 986 days, and sold for $680,000.
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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