Addison Home Values

  • Addison Residential Home Sales For February 2016 Down 2.7%
    February 2016 Real Estate Market Summary for Addison, TX (MLS Area 10)
    Month Year to Date
    2016 2015 % Change 2016 2015 % Change
    Closed Sales (Reported) 113 110 -2.7 211 191 -9.5
    Closed Sales (Projected) 113 124 9.4 211 205 -3.0
    Listings Under Contract 135 125 -7.4 252 235 -6.7
    Average Sales Price $282,991 $323,407 14.3 $288,976 $339,966 17.6
    Median Sales Price $265,000 $321,509 21.3 $275,750 $320,000 16.0
    Percent of Original Price Received 96.3 97.1 0.8 96.4 96.3 -0.1
    Days on Market Until Sale 43 33 -23.8 44 36 -18.1
    Inventory of Homes for Sale 218 205 -6.0
    Months Supply of Inventory 1.4 1.5 3.1

    This month there were 110 real estate sales recorded, which was a drop of 2.7% in contrast to last year. The number of residential property sales recorded year to date reached 191 total, a slump of 9.5% from the same month last year. There were 124 projected property sales this month, and this was a growth of 9.4%. There were 205 projected properties sold year to date, which was a decrease of 3%. This month in Addison new housing units for sale had a hike of 3.5%, with 148 new on the market total. The number of newly listed housing units in the market year to date underwent an increase of 7%, with 289 newly listed total this year. The number of contract listings in February 2016 was lower 7.4% from 2015, with 125 contract listings this month. Year to date in Addison the number of residential properties listed under contract reached 235, a fall of 6.7% compared to February last year. The number of approximate months supply of inventory in Addison in February 2016 was 1.5, a rise of 3.1%. This month the number of properties for sale was 205, a slump of 6%. The number of days on market until sale in February 2016 reached 33 total, a decline of 23.8% compared to February last year. This month percent of original list price received in Addison reached 97.1 total, an improvement of 0.8%. Year to date the number of percent of original asking price received in Addison saw a drop of 0.1%, with 96.3 percent total this year.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate February 2016

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  • Addison, Texas home sales fall January, 2016

    Houses sold during January in Addison declined 18%, with 98 houses sold. Home sales so far this year fell 18% compared to the same month last year, with 98 houses sold this year.

    There were 141 new houses listed this month, a 11% gain from last month. Year-to-date, home sales gained 11% relative to the same month last year, with 98 homes sold during 2016. Year-to-date, home sales went down 11% relative to the same month last year, with 104 houses sold. Listed homes under contract during January in Addison fell 11%, with 104 houses currently listed under contract this month. The average price for a home in Addison rose 24% . Year-to-date, the average price for a home was about $365,435, which is a 24% upturn from a year ago.

    So far this year, the percentage of asking price received went down 1% relative to the same month last year, with percentage of original list prices received at 95%. Buyers sold their houses for 95% of their listed price this month, which is a 0% growth from a month ago. Overall this year, houses spent approximately 40 days in the market until sold., which is a 10% fall from last year. This month, properties spent an average of 40 days in the market until sold, which is a 10% decline from last month. The market supply of homes in Addison went down 12% this January, the current supply of active listings on the market being 213 homes. The month supply of homes during January in Addison fell 3%, with a 1.5 month supply of houses.

    MLS Area 12 is the Multiple Listing Service Access number for Addison, as designated by the North Texas Real Estate Information System. There are 13 counties and two major metropolitan regions in DFW -
    Dallas-Plano-Irving and Fort Worth – which cover over 9,000 square miles. The DFW area is the most populous metropolitan region in Texas and in the South. It ranks fourth in the United States and tenth in the Americas. It is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate January 2016

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  • Addison, Texas home sales drop 29% in December 2015

    Overall this year, housing sales dropped 7% relative to the same period last year, with 1,800 homes sold. Addison housing sales were at 154 houses this December, which is a 29% decline from a month ago.

    Year-to-date new listings are at 2,063 overall. In total for this year, housing sales dipped 10% compared to the same month last year. New real estate listings during December in Addison declined 13%, with 88 properties listed this month. Cumulatively this year, homes sold fell 7% compared to the same month last year, with 1,684 houses sold. Addison listings under contract were at 79 properties this month, a 26% decrease from the previous month. The average price for a house in Addison fell 14% during December . So far this year, housing sales went up 5% relative to the same month last year, the average home sales price being $344,328.

    Percentage of original list prices received cumulatively this year rose 1% compared to the same period last year, with buyers receiving 97% of their list price. The percentage of asking price received in Addison climbed 0% in December of this year, with buyers receiving 97% of their listed price. Year-to-date, home sales declined 14% relative to the same period last year, at 33 days on market until sale. On average, homes spent 35 days in the market until sold, a 18% decline from last month. This month, the current supply of active listings on the market was 200 properties, which is a 22% decline from a month ago. The month supply of homes in December 2015 in Addison dipped 17%, with a 1.4 month supply of houses.

    MLS Area 12 is the Multiple Listing Service Access number for Addison, as designated by the North Texas Real Estate Information System. There are 13 counties and two major metropolitan divisions in DFW -
    Dallas-Plano-Irving and Fort Worth – which stretch across over 9,000 square miles. It is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world. The DFW area is, by population, the largest metropolitan region in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. SearchAddison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate December 2015

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  • Addison, Texas Home Values report for November 2015

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    Addison houses sold dropped 13% this month, with 112 properties sold in November 2015. In total for this year, home sales dropped 5% relative to the same month last year, with 1,646 properties sold.

    Year-to-date there, have been 1,974 new housing listings in all, which is a 10% drop from last year. There were 118 new housing properties listed in November 2015, a 11% increase from a month ago. Year-to-date there have been 1,610 listed houses under contract total, which is a 6% dip from last year. Addison current listings under contract were at 109 properties during November, a 11% decrease from the previous month. Year-to-date, the average home sales price for homes in Addison was about $346,652, which is a 7% gain compared to the same month last year. In November 2015, the average selling price for properties in Addison was about $363,969, which is a 7% increase from a month ago.

    Year-to-date, the percentage of asking price received climbed 0% relative to the same period last year, with buyers receiving 97% of their original price. The percentage of original list prices received by buyers this month grew 0%, with percentage of asking price received at 96%. During November, homes spent an average of 35 days in the market until sold, which is a 28% decline from the previous month. So far this year, the number of days on market until sale was about 33 days, which is a 13% drop from a year ago. The market inventory of available homes was 246 homes, a 21% fall from last month.The month supply of homes in Addison dipped 18% in November 2015, with a 1.7 month supply of houses on the market.

    Addison real estate information, known as MLS Area 12, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2015.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. SearchAddison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate November 2015

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  • Waterford Subdivision in Addison, Texas Home Sales Trends in 2014

    Housing sales in the Waterford subdivision in Addison have reached 19 houses sold for 2014. The age range of these homes is between 1980 and 1984. A house in the Waterford subdivision sold for $345,692 on average. The lowest sales price was $269,000, and the highest was $493,000.

    Waterford has an average size of a house of 2,282 square feet. The smallest size of a home was 1,780 square feet, and the largest was 3,276 square feet. For a home in Waterford, it took an average of 30 days to sell, the speediest sale taking 1 days and the slowest sale 161 days.

    The Waterford subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas.

    Overall home sales in Addison, Texas are at 1,787 homes sold, with an average sales price of $327,367. On average, sellers received 97% of their asking price, with homes spending an average of 41 days on the market. Addison is known as area 10 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

    DFW Team Realty is your local expert specializing in home sales in the Waterford subdivision, as well as home foreclosures and short sales in the Waterford subdivision. If you are looking to buy or sell a home in Waterford, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Oaks North Subdivision in Addison, Texas Home Sales Trends in 2014

    There have been 4 houses sold in the Oaks North subdivision in Addison. The houses sold were constructed between the years 1980 and 1997. The Oaks North subdivision houses have an average selling price of $369,538, the lowest selling price at $331,650, and the highest at $440,000.

    The Oaks North subdivision has an average home size of 2,589 square feet, the smallest at 2,322 square feet and the largest at 3,300 square feet. A house in the Oaks North subdivision spent a average of 28 days on the market. The quickest sale took 15 days and the slowest sale 43 days.

    The Oaks North subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas.

    Overall home sales in Addison, Texas are at 1,787 homes sold, with an average sales price of $327,367. On average, sellers received 97% of their asking price, with homes spending an average of 41 days on the market. Addison is known as area 10 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

    DFW Team Realty is your local expert specializing in home sales in the Oaks North subdivision, as well as home foreclosures and short sales in the Oaks North subdivision. If you are looking to buy or sell a home in Oaks North, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Midway Meadows Subdivision in Addison, Texas Home Sales Trends in 2014

    Housing sales in the Midway Meadows subdivision in Addison are at 6 houses sold for 2014. These homes were constructed in between the years 1993 and 1995. Midway Meadows homes have an average sales price of $284,633, the lowest sales price at $200,000, and the highest at $398,000.

    Midway Meadows has an average house size of 2,211 square feet. The smallest house size was 1,540 square feet, and the largest was 3,090 square feet. A house in the Midway Meadows subdivision spent a average of 40 days on the market. The fastest sale took 9 days and the slowest sale 119 days.

    The Midway Meadows subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas.

    Overall home sales in Addison, Texas are at 1,787 homes sold, with an average sales price of $327,367. On average, sellers received 97% of their asking price, with homes spending an average of 41 days on the market. Addison is known as area 10 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

    DFW Team Realty is your local expert specializing in home sales in the Midway Meadows subdivision, as well as home foreclosures and short sales in the Midway Meadows subdivision. If you are looking to buy or sell a home in Midway Meadows, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Grand Addison Subdivision in Addison, Texas Home Sales Trends in 2014

    There have been 8 homes sold in the Grand Addison subdivision in the city of Addison. The age range of the homes sold is between the years 1982 and 1999. The Grand Addison subdivision homes have an average selling price of $292,356. The lowest sales price was $246,800, and the highest was $399,900.

    The average size of a house in the Grand Addison subdivision is 2,188 square feet. The smallest house size was 1,744 square feet, and the largest was 2,634 square feet. Homes in Grand Addison sold, on average, in 56 days, the quickest sale taking 2 days and the slowest sale 157 days.

    The Grand Addison subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas.

    Overall home sales in Addison, Texas are at 1,787 homes sold, with an average sales price of $327,367. On average, sellers received 97% of their asking price, with homes spending an average of 41 days on the market. Addison is known as area 10 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

    DFW Team Realty is your local expert specializing in home sales in the Grand Addison subdivision, as well as home foreclosures and short sales in the Grand Addison subdivision. If you are looking to buy or sell a home in Grand Addison, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Addison Place Subdivision in Addison, Texas Home Sales Trends in 2014

    Home sales in the Addison Place subdivision in the city of Addison have reached 7 homes sold for 2014. The age range of the homes sold is between the years 1991 and 1993. The average housing sale in the Addison Place subdivision was $180,543. The lowest selling price was $139,900, and the highest was $213,500.

    A home in the Addison Place subdivision is 1,535 square feet on average, the smallest at 1,288 square feet and the largest at 1,781 square feet. Houses in Addison Place sold, on average, in 23 days. The fastest sale took 4 days and the slowest sale 80 days.

    The Addison Place subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas.

    Overall home sales in Addison, Texas are at 1,787 homes sold, with an average sales price of $327,367. On average, sellers received 97% of their asking price, with homes spending an average of 41 days on the market. Addison is known as area 10 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2014.

    DFW Team Realty is your local expert specializing in home sales in the Addison Place subdivision, as well as home foreclosures and short sales in the Addison Place subdivision. If you are looking to buy or sell a home in Addison Place, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Addison, Texas Home Values report for December 2014

    Addison home sales went up 11% in December 2014, with 131 homes sold during December. Overall this year, housing sales decreased 4% compared to the same month last year, with 1,867 homes sold.

    Year-to-date there, have been 2,292 new listings in all, which is a 0% dip compared to the same month last year. New houses listed in Addison increased 38% this month, with 101 properties listed in December 2014. Listings under contract in Addison rose 30% this month, with 108 houses currently listed under contract. So far this year, current listings under contract have reached 1,810 in all, which is a 3% drop from last year. The average home sales price in Addison gained 21% . Overall this year, homes sold rose 8% compared to the same month last year, with the average home sales price at $327,367.

    The average percentage of original list prices received year-to-date is 97%, which is a 2% increase from a year ago. The percentage of asking price received by buyers this month increased 0%, with percentage of asking price received at 96%. The days on market until sale in Addison went down 5%, at 52 days on market until sale. Days on market until sale in total for this year went down 19% compared to the same period last year, at 41 days on market until sale. During December, the market supply of homes for properties in Addison was 234 properties. The market inventory of available homes in Addison went down 15% this December. There was a 1.6 month supply of houses in December of this year. The month supply of houses in Addison decreased 11%.

    Addison real estate information, known as MLS Area 12, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of December 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. SearchAddison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate December 2014

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  • Addison, Texas Home Values report for November 2014

    There were 92 houses sold in Addison in November of this year, which is a 16% upturn from a month ago. So far this year, home sales have reached 1,736 in all, which is a 6% fall from a year ago.

    Year-to-date there have been 2,190 new home listings total. So far this year, houses sold fell 1% compared to the same period last year. This month, 105 new houses were listed in Addison. During November, the number of new real estate listings in Addison declined 10%. In November of this year, there were 123 houses currently listed in Addison, a 19% surge from a month ago. Current listings under contract year-to-date went down 4% relative to the same month last year, with 1,705 properties sold. The average price for a home in Addison gained 19%, with $345,533 being the average sales price. Cumulatively this year, the average selling price for homes in Addison was about $324,249, which is a 7% growth relative to the same month last year.

    Percent of original list price received cumulatively this year gained 2% compared to the same month last year, with percent of original list price received at 96.9%. The percent of original list price received by buyers in Addison grew 0% in November 2014, with buyers receiving 96.1%of their list price. On average, homes spent 57 days in the market until sold, which is a 22% gain from a month ago. Days on market until sale so far this year went down 20% relative to the same month last year, at 40 number of days on market until sale. The current supply of active listings on the market during November in Addison went down 17%, with the market inventory of available homes at 280 houses. During November there was a 1.9 month supply of available homes, a 13% dip from a month ago.

    Addison real estate information, known as MLS Area 12:, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate November 2014

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  • Addison home sales were down 16% in July 2014

    Addison home sales were down 16% in July 2014 compared to the same month last year with 192 homes selling this month. So far this year, there have been 1,135 home sales, which is a decrease of 10% from last year.

    New real estate listings in the Addison area have increased 21%, with 275 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 4%, with 1,509 homes listed. The number of listings under contract decreased 17% this month, with 151 homes contracted. The number of listings under contract for the year to date decreased 11%, with 1,115 homes under contract.The current supply of active listings on the market this month was 408 homes, a 6% decrease from the same month last year. There was a 2.8 month supply of homes on the market, which is a 9% decrease from last year.

    The average sales price of a home in the Addison area this month was $333,341, up 7% from this month last year. For the year 2014, the average sales price was up 8%, at $324,574. On average, sellers have received 97% of their asking price this month, which is an increase of 0% from last year. For the year to date, sellers received 97% of their asking price, a change of 1%. This month, homes spent an average of 31 days on the market until sold, which represents a decrease of 25% from last year. For the year to date, the average number of days on the market was 39, a decrease of 28%.

    Addison real estate information, known as MLS Area 12, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of July 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate July 2014

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  • Addison home sales were up 0% in June 2014

    Addison home sales were up 0% in June 2014 compared to the same month last year with 193 homes selling this month. So far this year, there have been 860 home sales, which is a decrease of 9% from last year.

    New real estate listings in the Addison area have increased 0%, with 231 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 8%, with 1,233 homes listed. The number of listings under contract decreased 7% this month, with 158 homes contracted. The number of listings under contract for the year to date decreased 11%, with 950 homes under contract. The current supply of active listings on the market this month was 334 homes, a 26% decrease from the same month last year. There was a 2.2 month supply of homes on the market, which is a 31% decrease from last year.

    The average sales price of a home in the Addison area this month was $307,777, down 3% from this month last year. For the year 2014, the average sales price was up 8%, at $323,039. On average, sellers have received 98% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 97% of their asking price, a change of 2%. This month, homes spent an average of 30 days on the market until sold, which represents a decrease of 39% from last year. For the year to date, the average number of days on the market was 41, a decrease of 28%.

    Addison real estate information, known as MLS Area 10, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of June 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate June 2014

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  • Addison home sales were down 13% in May 2014

    Addison home sales were down 13% in May 2014 compared to the same month last year with 185 homes selling this month. So far this year, there have been 663 home sales, which is a decrease of 12% from last year.

    New real estate listings in the Addison area have decreased 5%, with 256 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 10%, with 1,001 homes listed. The number of listings under contract decreased 16% this month, with 182 homes contracted. The number of listings under contract for the year to date decreased 14%, with 775 homes under contract. The current supply of active listings on the market this month was 322 homes, a 27% decrease from the same month last year. There was a 2.2 month supply of homes on the market, which is a 33% decrease from last year.

    The average sales price of a home in the Addison area this month was $342,346, up 11% from this month last year. For the year 2014, the average sales price was up 12%, at $328,485. On average, sellers have received 96% of their asking price this month, which is an increase of 0% from last year. For the year to date, sellers received 96% of their asking price, a change of 2%. This month, homes spent an average of 38 days on the market until sold, which represents a decrease of 27% from last year. For the year to date, the average number of days on the market was 44, a decrease of 25%.

    Addison real estate information, known as MLS Area 10, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of May 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate May 2014

  • Addison home sales were up 1% in February 2014

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    Addison home sales were up 1% in February 2014 compared to the same month last year with 101 homes selling this month. So far this year, there have been 180 home sales, which is an increase of 2% from last year.

    New real estate listings in the Addison area have decreased 15%, with 163 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 11%, with 311 homes listed. The number of listings under contract decreased 28% this month, with 109 homes contracted. The number of listings under contract for the year to date decreased 12%, with 242 homes under contract. The current supply of active listings on the market this month was 259 homes, a 37% decrease from the same month last year. There was a 1.7 month supply of homes on the market, which is a 52% decrease from last year.

    The average sales price of a home in the Addison area this month was $303,859, up 18% from this month last year. For the year 2014, the average sales price was up 9%, at $294,026. On average, sellers have received 96% of their asking price this month, which is an increase of 5% from last year. For the year to date, sellers received 96% of their asking price, a change of 4%. This month, homes spent an average of 54 days on the market until sold, which represents a decrease of 21% from last year. For the year to date, the average number of days on the market was 55, a decrease of 23%.

    Addison real estate information, known as MLS Area 10, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of February 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Addison Home Values Report. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. Research current Addison home values at Addison Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

    Addison Texas Real Estate February 2014

  • Addison home sales were down 1% in January 2014

    Addison home sales were down 1% in January 2014 compared to the same month last year with 76 homes selling this month. So far this year, there have been 76 home sales, which is a decrease of 1% from last year.

    New real estate listings in the Addison area have decreased 8%, with 147 homes listed this month, compared to the same period last year. So far this year, overall home listings have decreased 8%, with 147 homes listed. The number of listings under contract increased 4% this month, with 128 homes contracted. The number of listings under contract for the year to date increased 4%, with 128 homes under contract. The current supply of active listings on the market this month was 240 homes, a 43% decrease from the same month last year. There was a 2 month supply of homes on the market, which is a 56% decrease from last year.

    The average sales price of a home in the Addison area this month was $284,874, up 1% from this month last year. For the year 2014, the average sales price was up 1%, at $ 284,874. On average, sellers have received 96% of their asking price this month, which is an increase of 2% from last year. For the year to date, sellers received 96% of their asking price, a change of 2%. This month, homes spent an average of 55 days on the market until sold, which represents a decrease of 27% from last year. For the year to date, the average number of days on the market was 55, a decrease of 27%.

    Addison real estate information, known as MLS Area 10, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of January 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from the Addison Home Values Report. Search Addison Texas homes, foreclosures, and short sales to find homes in Addison. Research current Addison home values at Addison Home Values. This service is FREE and available without any obligation from DFWTeamRealty.com.

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    Addison Texas Real Estate January 2014

  • Home Sales Trends in 2013 for the Waterford subdivision – Addison, Texas

    Home Sales in the Waterford subdivision in Addison, Texas have been brisk in 2013, with 19 homes sold. The homes sold were built between 1984 and 1993, and the average sales price for a home in the Waterford subdivision was $309,402. The lowest sale was at $243,000 and the highest sale was at $386,380.

    The average size of a home in the Waterford subdivision is 2,281 sq. ft., with the smallest at 1,804 sq. ft. and the largest at 2,899 sq. ft. Homes in the Waterford subdivision sold, on average, in 67 days. The quickest sale took 4 days and the longest sale 271 days. The average price per square foot for a home in the Waterford subdivision is $136.65.

    Overall home sales in Addison, Texas are at 1,859 homes sold, with an average sales price of $303,732. On average, sellers received 95% of their asking price, with homes spending an average of 52 days on the market.

    The Waterford subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas. Addison is known as area 10 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Waterford subdivision, as well as home foreclosures and short sales in the Waterford subdivision. If you are looking to buy or sell a home in the Waterford subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Home Sales Trends in 2013 for the Oaks North subdivision – Addison, Texas

    Home Sales in the Oaks North subdivision in Addison, Texas have been brisk in 2013, with 8 homes sold. The homes sold were built between 1980 and 1998, and the average sales price for a home in the Oaks North subdivision was $360,094. The lowest sale was at $295,000 and the highest sale was at $453,000.

    The average size of a home in the Oaks North subdivision is 2,642 sq. ft., with the smallest at 2,029 sq. ft. and the largest at 3,146 sq. ft. Homes in the Oaks North subdivision sold, on average, in 48 days. The quickest sale took 1 day and the longest sale 130 days. The average price per square foot for a home in the Midway Meadows subdivision is $137.02.

    Overall home sales in Addison, Texas are at 1,859 homes sold, with an average sales price of $303,732. On average, sellers received 95% of their asking price, with homes spending an average of 52 days on the market.

    The Oaks North subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas. Addison is known as area 10 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Oaks North subdivision, as well as home foreclosures and short sales in the Oaks North subdivision. If you are looking to buy or sell a home in the Oaks North subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Home Sales Trends in 2013 for the Midway Meadows subdivision – Addison, Texas

    Home Sales in the Midway Meadows subdivision in Addison, Texas have been brisk in 2013, with 19 homes sold. The homes sold were built between 1980 and 1995, and the average sales price for a home in the Midway Meadows subdivision was $239,898. The lowest sale was at $181,000 and the highest sale was at $310,000.

    The average size of a home in the Midway Meadows subdivision is 1,879 sq. ft., with the smallest at 1,409 sq. ft. and the largest at 3,741 sq. ft. Homes in the Midway Meadows subdivision sold, on average, in 47 days. The quickest sale took 2 days and the longest sale 218 days. The average price per square foot for a home in the Midway Meadows subdivision is $131.52.

    Overall home sales in Addison, Texas are at 1,859 homes sold, with an average sales price of $303,732. On average, sellers received 95% of their asking price, with homes spending an average of 52 days on the market.

    The Midway Meadows subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas. Addison is known as area 10 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Midway Meadows subdivision, as well as home foreclosures and short sales in the Midway Meadows subdivision. If you are looking to buy or sell a home in the Midway Meadows subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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  • Home Sales Trends in 2013 for the Grand Addison subdivision – Addison, Texas

    Home Sales in the Grand Addison subdivision in Addison, Texas have been brisk in 2013, with 13 homes sold. The homes sold were built between 1993 and 1996, and the average sales price for a home in the Grand Addison subdivision was $285,888. The lowest sale was at $227,500 and the highest sale was at $343,743.

    The average size of a home in the Grand Addison subdivision is 2,111 sq. ft., with the smallest at 1,567 sq. ft. and the largest at 2,704 sq. ft. Homes in the Grand Addison subdivision sold, on average, in 91 days. The quickest sale took 1 day and the longest sale 406 days. The average price per square foot for a home in the Grand Addison subdivision is $136.58.

    Overall home sales in Addison, Texas are at 1,859 homes sold, with an average sales price of $303,732. On average, sellers received 95% of their asking price, with homes spending an average of 52 days on the market.

    The Grand Addison subdivision is located in Addison, Texas. Addison has a population of 13,056 people. The city is roughly 4.4 square miles in size, and it is located in Dallas county on the far north side of Dallas. Addison is known as area 10 in the North Texas Real Estate Information System. This information this report is believed reliable, but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Grand Addison subdivision, as well as home foreclosures and short sales in the Grand Addison subdivision. If you are looking to buy or sell a home in the Grand Addison subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

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