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

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