Addison Home Values

  • 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

    By Bob Baesmann

  • 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

    By Bob Baesmann

    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.

    By Bob Baesmann

    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.

    By Bob Baesmann

  • 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.

    By Bob Baesmann

  • 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.

    By Bob Baesmann

  • 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.

    By Bob Baesmann

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

    Home Sales in the Addison Place subdivision in Addison, Texas have been brisk in 2013, with 7 homes sold. The homes sold were built between 1982 and 1998, and the average sales price for a home in the Addison Place subdivision was $165,643. The lowest sale was at $98,000 and the highest sale was at $217,000.

    The average size of a home in the Addison Place subdivision is 1,635 sq. ft., with the smallest at 1,425 sq. ft. and the largest at 2,072 sq. ft. Homes in the Addison Place subdivision sold, on average, in 66 days. The quickest sale took 3 days and the longest sale 297 days. The average price per square foot for a home in the Addison Place subdivision is $101.54.

    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 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. 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 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 the Addison Place subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

  • Addison home sales were up 16% in December 2013

    By Bob Baesmann

    Addison home sales were up 16% in December 2013 compared to the same month last year with 125 homes selling this month. So far this year, there have been 1,859 home sales, which is an increase of 31% from last year.

    New real estate listings in the Addison area have decreased 15%, with 72 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 6%, with 2,293 homes listed. The number of listings under contract decreased 5% this month, with 83 homes contracted. The number of listings under contract for the year to date increased 29%, with 1,861 homes under contract. The current supply of active listings on the market this month was 254 homes, a 40% decrease from the same month last year. There was a 2 month supply of homes on the market, which is a 55% decrease from last year.

    The average sales price of a home in the Addison area this month was $303,220, up 0% from this month last year. For the year 2013, the average sales price was up 4%, at $303,732. On average, sellers have received 94% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 95% of their asking price, a change of 1. This month, homes spent an average of 58 days on the market until sold, which represents a decrease of 23% from last year. For the year to date, the average number of days on the market was 52, 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 December 2013.

    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 December 2013

  • Addison Texas Real Estate Sales were down 20% in November 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were down 20% in November 2013 over the same month last year with 89 homes selling this month! So far this year, overall home sales were at 1,731 homes sold, a change of 32% from last year.

    The Texas home market for the fourth quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in October 2013 changed -20% compared to the same period last year with 115 homes listed this month. So far this year, overall home listings have experienced a 7% change, with 2,220 homes listed this year. Current listings pending sale this month underwent a change of -11%, with 93 homes contracted. Listings under contract for the year to date changed by 31%, with 1,768 homes under contract for this month.

    The average sales price of a home in Addison this month was $293,904, a change of 10% from this month last year. Overall, for the year 2013, the average sales price was $304,050, a change of 4%. Sellers received 94% of their asking price this month, which is a change of -0.2% from last year. For the year to date, sellers received 95% of their asking price, a change of 1%. This month, homes spent an average of 50 days on the market until sold, which represents a change of -33% from last year. For the year to date, the average number of days on the market was 52, an overall change of -28%.

    The current supply of active listings on the market this month was 335 homes. This is a change of -36% from the same month last year. This month there was a 2.2 month supply of homes on the market; this is a change of -52% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of October 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas Real Estate November 2013

  • Addison Texas Real Estate Sales were up 41% in October 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 41% in October 2013 over the same month last year with 155 homes selling this month! So far this year, overall home sales were at 1,632 homes sold, a change of 36% from last year.

    The Texas home market for the fourth quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in October 2013 changed 4% compared to the same period last year with 158 homes listed this month. So far this year, overall home listings have experienced a 8% change, with 2,105 homes listed this year. Current listings pending sale this month underwent a change of 3%, with 123 homes contracted. Listings under contract for the year to date changed by 34%, with 1,673 homes under contract for this month.

    The average sales price of a home in Addison this month was $293,902, a change of 1% from this month last year. Overall, for the year 2013, the average sales price was $305,044, a change of 4%. Sellers received 93% of their asking price this month, which is a change of 2% from last year. For the year to date, sellers received 95% of their asking price, a change of 1%. This month, homes spent an average of 48 days on the market until sold, which represents a change of -40% from last year. For the year to date, the average number of days on the market was 52, an overall change of -28%.

    The current supply of active listings on the market this month was 356 homes. This is a change of -37% from the same month last year. This month there was a 2.3 month supply of homes on the market; this is a change of -53% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of October 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas Real Estate October 2013

  • Addison Texas Real Estate Sales were up 20% in September 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 20% in September 2013 over the same month last year with 127 homes selling this month! So far this year, overall home sales were at 1,467 homes sold, a change of 34% from last year.

    The Texas home market for the third quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in September 2013 changed 19% compared to the same period last year with 153 homes listed this month. So far this year, overall home listings have experienced a 9% change, with 1,947 homes listed this year. Current listings pending sale this month underwent a change of 61%, with 119 homes contracted. Listings under contract for the year to date changed by 36%, with 1,540 homes under contract for this month.

    The average sales price of a home in Addison this month was $311,325, a change of 10% from this month last year. Overall, for the year 2013, the average sales price was $306,614, a change of 4%. Sellers received 94% of their asking price this month, which is a change of -0.4% from last year. For the year to date, sellers received 95% of their asking price, a change of 1%. This month, homes spent an average of 44 days on the market until sold, which represents a change of -33% from last year. For the year to date, the average number of days on the market was 52, an overall change of -26%.

    The current supply of active listings on the market this month was 389 homes. This is a change of -36% from the same month last year. This month there was a 2.6 month supply of homes on the market; this is a change of -52.5% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of September 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas Real Estate September 2013

  • Addison Texas Real Estate Sales were up 38% in August 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 38% in August 2013 over the same month last year with 196 homes selling this month! So far this year, overall home sales were at 1,328 homes sold, a change of 34.5% from last year.

    The Texas home market for the third quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in August 2013 changed 18% compared to the same period last year with 225 homes listed this month. So far this year, overall home listings have experienced a 8% change, with 1,794 homes listed this year. Current listings pending sale this month underwent a change of 12%, with 155 homes contracted. Listings under contract for the year to date changed by 33.5%, with 1,408 homes under contract for this month.

    The average sales price of a home in Addison this month was $338,137, a change of 1% from this month last year. Overall, for the year 2013, the average sales price was $306,997, a change of 3.5%. Sellers received 92% of their asking price this month, which is a change of -1% from last year. For the year to date, sellers received 95% of their asking price, a change of 1%. This month, homes spent an average of 47 days on the market until sold, which represents a change of -29% from last year. For the year to date, the average number of days on the market was 53, an overall change of -25%.

    The current supply of active listings on the market this month was 412 homes. This is a change of -35% from the same month last year. This month there was a 2.8 month supply of homes on the market; this is a change of -52% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of August 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas real estate June 2013

  • Addison Texas Real Estate Sales were up 20% in June 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 20% in June 2013 over the same month last year with 187 homes selling this month! So far this year, overall home sales were at 933 homes sold, a change of 32% from last year.

    The Texas home market for the second quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in June 2013 changed 10% compared to the same period last year with 230 homes listed this month. So far this year, overall home listings have experienced a 6% change, with 1,341 homes listed this year. Current listings pending sale this month underwent a change of 6%, with 158 homes contracted. Listings under contract for the year to date changed by 33.5%, with 1,055 homes under contract for this month.

    The average sales price of a home in Addison this month was $320,155, a change of 9% from this month last year. Overall, for the year 2013, the average sales price was $299,943, a change of 6%. Sellers received 96.5% of their asking price this month, which is a change of 2% from last year. For the year to date, sellers received 95% of their asking price, a change of 2%. This month, homes spent an average of 49 days on the market until sold, which represents a change of -20.5% from last year. For the year to date, the average number of days on the market was 57, an overall change of -23%.

    The current supply of active listings on the market this month was 424 homes. This is a change of -38% from the same month last year. This month there was a 3.1 month supply of homes on the market; this is a change of -52.5% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of June 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas real estate June 2013

  • Addison Texas Real Estate Sales were up 36% in May 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 36% in May 2013 over the same month last year with 204 homes selling this month! So far this year, overall home sales were at 739 homes sold, a change of 35% from last year.

    The Texas home market for the first quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in May 2013 changed 21% compared to the same period last year with 270 homes listed this month. So far this year, overall home listings have experienced a 5% change, with 1,111 homes listed this year. Current listings pending sale this month underwent a change of 35%, with 204 homes contracted. Listings under contract for the year to date changed by 38%, with 883 homes under contract for this month.

    The average sales price of a home in Addison this month was $311,516, a change of 2% from this month last year. Overall, for the year 2013, the average sales price was $295,082, a change of 5%. Sellers received 96% of their asking price this month, which is a change of 1% from last year. For the year to date, sellers received 95% of their asking price, a change of 2%. This month, homes spent an average of 54 days on the market until sold, which represents a change of -9% from last year. For the year to date, the average number of days on the market was 59, an overall change of -24%.

    The current supply of active listings on the market this month was 411 homes. This is a change of -40% from the same month last year. This month there was a 3.1 month supply of homes on the market; this is a change of -54% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of May 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas real estate May 2013

  • Addison Texas Real Estate Sales were up 52% in April 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 52% in April 2013 over the same month last year with 177 homes selling this month! So far this year, overall home sales were at 531 homes sold, a change of 33% from last year.

    The Texas home market for the first quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in April 2013 changed 4% compared to the same period last year with 246 homes listed this month. So far this year, overall home listings have experienced a 1% change, with 841 homes listed this year. Current listings pending sale this month underwent a change of 26%, with 181 homes contracted. Listings under contract for the year to date changed by 35%, with 663 homes under contract for this month.

    The average sales price of a home in Addison this month was $308,551, a change of 14% from this month last year. Overall, for the year 2013, the average sales price was $288,065, a change of 6%. Sellers received 95.5% of their asking price this month, which is a change of 2% from last year. For the year to date, sellers received 94% of their asking price, a change of 2%. This month, homes spent an average of 51 days on the market until sold, which represents a change of -30% from last year. For the year to date, the average number of days on the market was 62, an overall change of -28%.

    The current supply of active listings on the market this month was 415 homes. This is a change of -38% from the same month last year. This month there was a 3.2 month supply of homes on the market; this is a change of -53% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of April 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas real estate April 2013

  • Addison Texas Real Estate Sales were up 52% in March 2013

    By Bob Baesmann

    Addison Texas Real Estate Sales were up 52% in March 2013 over the same month last year with 172 homes selling this month! So far this year, overall home sales were at 346 homes sold, a change of 30% from last year.

    The Texas home market for the first quarter 2013 in the DFW Metroplex has been brisk so far, with a slight shortage of listings in many areas. With both prices and interest rates at historic lows, this is an ideal time to purchase for both new home owners and current home owners moving to larger homes. It is becoming a Sellers market, and with the shortage of listings, quick action is important. It is key to have your financing approved and prequalification work in process to insure a smooth purchase.

    New Addison Texas real estate listings in March 2013 changed 4% compared to the same period last year with 245 homes listed this month. So far this year, overall home listings have experienced a 0% change, with 596 homes listed this year. Current listings pending sale this month underwent a change of 45.5%, with 195 homes contracted. Listings under contract for the year to date changed by 35%, with 469 homes under contract for this month.

    The average sales price of a home in Addison this month was $287,097, a change of -4% from this month last year. Overall, for the year 2013, the average sales price was $278,735, a change of 3%. Sellers received 95% of their asking price this month, which is a change of 1% from last year. For the year to date, sellers received 94% of their asking price, a change of 2%. This month, homes spent an average of 77 days on the market until sold, which represents a change of -17% from last year. For the year to date, the average number of days on the market was 78, an overall change of -25%.

    The current supply of active listings on the market this month was 368 homes. This is a change of -40% from the same month last year. This month there was a 2.8 month supply of homes on the market; this is a change of -53.5% from last year. Addison real estate is known as area 10 in the North Texas Real Estate Information System. Information is believed reliable but is only as accurate as reported by the system in the month of March 2013.

    Register online to have monthly updates on your city and neighborhood automatically emailed to you from Addison Real Estate. Search Addison Texas homes, Addison Texas foreclosures, and Addison Texas short sales and find Homes in Addison. Research current Addison home values at DFW Home Values Report.com. This service is FREE and available without any obligation from DFWTeamRealty.com.

    The DFW Metroplex is also known as the Dallas Fort Worth Arlington 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 Arlington. 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 U.S. 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.

    Addison Texas real estate March 2013

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

    By Bob Baesmann

    Home Sales in the Waterford subdivision in Addison, Texas have been brisk in 2012, with 17 homes sold. The homes sold were built between the years 1991 and 1993, and the average sales price for a home in the Waterford subdivision was $308,865.

    The lowest sale was at $252,000 and the highest sale was at $365,000. The average size of a home in the Waterford subdivision is 2,255 sq. ft., with the smallest at 1,633 sq. ft. and the largest at 3,115 sq. ft. Homes in the Waterford subdivision sold, on average, in 59 days. The quickest sale took 2 days and the longest sale 309 days. The average price per square foot for a home in the Waterford subdivision is $139.28.

    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 1,414 homes sold, with an average sales price of $293,278. On average, sellers received 95% of their asking price, with homes spending an average of 83 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 2012.

    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.

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

    By Bob Baesmann

    Home Sales in the Oaks North subdivision in Addison, Texas have been brisk in 2012, with 5 homes sold. The homes sold were built between the years 1980 and 1984, and the average sales price for a home in the Oaks North subdivision was $337,760.

    The lowest sale was at $236,800 and the highest sale was at $392,000. The average size of a home in the Oaks North subdivision is 2,767 sq. ft., with the smallest at 2,492 sq. ft. and the largest at 2,954 sq. ft. Homes in the Oaks North subdivision sold, on average, in 137 days. The quickest sale took 6 days and the longest sale 383 days. The average price per square foot for a home in the Oaks North subdivision is $121.32.

    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 1414 homes sold, with an average sales price of $293,278. On average, sellers received 95% of their asking price, with homes spending an average of 83 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 2012.

    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.

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