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Real Estate Market Trends for Addison TX:  January 2025

By
Real Estate Agent with HomeSmart Stars TX #0552717

Real Estate Market Trends for Addison TX:  January 2025

 

Residential Real Estate For Sale in Addison, Texas

The total number of currently available residential properties for sale in Addison, Texas is 36 homes, the same number of active listings at the beginning of last month. Thirty are pre-owned and 6 are new construction at Addison Grove. Currently for sale, there are:

  • 13 single family homes (ranging in price from $474,900 to $3,995,000)
  • 8 condos ($190,000 to $589,900)Addison TX
  • 15 townhomes ($395,000 to $880,000)

Twenty three of the 36 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 70 days, as compared to 80 last month. The median number of days on the market is 51 days, compared to last month's 75 days.  The market is slowly picking up.

New Listings in January

Fifteen properties came on the market in Addison, Texas in January, while there were 9 the previous month.

CONDOS

 

 

 

 

 

Subdivision

Street

BR/Bath/Gar

Sq ft

List Price

1/31/25 Status

Aventura

Addison Circle

2/2.1/2

2223

$499,900

Pending

District A

Calloway

2/2.1/2

2035

$450,000

Active

District A

Quorum

3/2.1/2

2483

$589,900

Active

District A

Quorum

2/2.1/2

1836

$450,000

Active

Meridian Square

Meridian

2/2.1/2

1966

$549,500

Active

  

TOWNHOUSES

 

 

 

 

 

Subdivision

Street

BR/Ba/Gar

Sq ft

List Price

1/31/25 Status

Asbury Circle

Asbury

3/3.1/2

2467

$495,000

Active

Asbury Circle

Asbury

3/3.1/2

2317

$500,000

Option

Asbury Circle

Asbury

4/3.1/2

2288

$461,000

Option

Stanford Court

Stanford

3/3/2

2360

$609,000

Active

Town Homes of Addison

Berklee Dr.

2/2/2

1422

$395,000

Active

 

SINGLE FAMILY

 

 

 

 

 

Subdivision

Street

BR/Bath/Gar

Sq ft

List Price

1/31/25 Status

Daseke

Celestial Rd.

3/3.2/2

7106

$3,995,000

Active

Midway Meadows

Rush

3/2/2

1912

$609,900

Active

Oaks North

Maiden Ct.

3/2.1/2

2774

$850,000

Active

Waterford

Rive

3/2.1/2

2437

$599,900

Active

Westfield Court

Vintage Ln.

4/3.1/2

3586

$729,000

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 7 homes in the pending status (waiting to close), compared to the 5 pending homes last month. Four are new construction townhomes at Addison Grove.

 

 Sales

There were 8 closings this month and 6 last month. The average list price to sold price ratio is 96.0%, compared to the 96.7% last month. All but one 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 88 days, while the previous month the median was 29 days. The average number of days on the market was 86 days. The range in January for the previously owned home was 1 day to 223 days. The average price per square foot of all previously owned homes sold is $253.17, down from last month's $256.84.

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


Ready to buy or sell?
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Information About Brokerage Services

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Comments(1)

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Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Addison seems like it would be a great place to call home and you do such a great job of staying on top of what is going on in the real estate market there!  I hope that you are having a fun weekend!

Feb 02, 2025 05:58 AM
Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417

Brian England Thank you. I am. I hope your weekend is filled with clients and fun!

Feb 02, 2025 07:42 AM