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Addison, TX Real Estate News

By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: December 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 23, down from last month’s 27. Currently for sale, there are: 6 single family homes (ranging in price from $416,000 to $1,650,000) No half-duplexes 12 condos ($121,900 to $474,999) 5 townhomes ($312,900 to $379,000) Eighteen of the 23 available homes above have been on the market for longer than 30 days. Two are new construction condos and they’ve been on the market for over 175 days and 425 days, respectively.The average number of days on the market for the “active” status, pre-owned homes is 75 days, as compared to 64 last month. The median number of days on the market is 48 days, compared to last...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
 Real Estate Market Report for Addison, Texas: November 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 27, up from last month’s 25. Currently for sale, there are: 10 single family homes (ranging in price from $419,900 to $1,650,000) 2 half-duplexes ($299,999 to 375,000) 11 condos ($121,900 to $484,900) 4 townhomes ($299,900 to $379,000) Sixteen of the 27 available homes above have been on the market for longer than 30 days. Two are incomplete new construction condos and they’ve been on the market for over 200 days and almost 400 days, respectively.The average number of days on the market for the “active” status, pre-owned homes is 64 days, as compared to 70 last month. The median number of days on t...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
 Real Estate Market Report for Addison, Texas: October 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 25, down from last month’s 27. Currently for sale, there are: 9 single family homes (ranging in price from $349,000 to $2,195,000) 2 half-duplexes ($299,999 to 375,000) 8 condos ($124,900 to $475,000) 6 townhomes ($289,500 to $489,000) Nineteen of the 25 available homes above have been on the market for longer than 30 days. One is an incomplete new construction condo and it’s been on the market for 350+ days. The sellers market here is cooling a bit.The average number of days on the market for the “active” status, pre-owned homes is 70 days, as compared to 53 last month. The median number of days on...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
 Real Estate Market Report for Addison, Texas: September 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 27, down from last month’s 33. Currently for sale, there are: 10 single family homes (ranging in price from $384,900 to $2,195,000) 2 half-duplexes ($315,000 to 375,000) 10 condos ($184,900 to $475,000) 5 townhomes ($349,990 to $499,900) Seventeen of the 27 available homes above have been on the market for longer than 30 days. One is an incomplete new construction condo and it’s been on the market for 300+ days. The sellers market here is cooling a bit.The average number of days on the market for the “active” status, pre-owned homes is 53 days, as compared to 65 last month. The median number of da...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Addison's 2017 OktoberfestIt's Oktoberfest time again in Addison!  The 2017 festivities (the 30th Annual Oktoberfest Celebration in Addison) kick off on Thursday, September 14 and run through Sunday, September 17.  There's lots to do and see this year.  Thursday, September 14th: Opening ceremonies parade, 7:30 pm Keg tapping, 8:00 pm @Schloss Main Stage Friday, September 15th: German Spelling Bee, 8:00 pm @Bowl Stage German Idol, 9:00 pm @Bowl Stage Saturday, September 16th: Beer Barrel Rolling, 2 & 4:30 pm @Bowl Stage Beer Barrel Bowling, 5:30 & 7 pm @Bowl Stage Sunday, September 17th: Pretzel Run (dog agility course), noon @Paulaner Biergarten Dachshun Parade, 1:00 pm @Schloss Tent Dachshun Dash, 2:00 pm @Bowl Stage There will be a Safe Kid Zone tent, hosted by the Addison Police Depa...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: August 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 33, up from last month’s 23. Currently for sale, there are: 16 single family homes (ranging in price from $259,000 to $2,195,000) 1 half-duplex ($395,000) 10 condos ($135,000 to $475,000) 6 townhomes ($359,990 to $530,000) Twenty six of the 33 available homes above have been on the market for longer than 30 days. Two are incomplete new construction condos and they’ve been on the market for 300+ days. The sellers market here is cooling a bit.The average number of days on the market for the “active” status, pre-owned homes is 65 days, as compared to 33 last month. The median number of days on the market...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 23, up from last month’s 15. Currently for sale, there are: 10 single family homes (ranging in price from $349,000 to $2,195,000) No half-duplexes 10 condos ($139,500 to $475,000) 3 townhomes ($369,990 to $440,000) Twelve of the 23 available homes above have been on the market for longer than 30 days. Two are incomplete new construction condos and they’ve been on the market for 275+ days.The average number of days on the market for the “active” status, pre-owned homes is 33 days, as compared to 24 last month. The median number of days on the market is 27 days, compared to last month’s 17 days.New listings in JulyTwenty one pre-owned homes came on the market...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
With this post, I join the Millionaire's Club on Active Rain!I haven't been as "active" as I once was here, but it certainly has been "raining" as a result of my past efforts. When I joined in 2006, I didn't know that I'd make friends here, learn so much about real estate, and have fun!I  get phone calls about ordering a pizza (I wrote about a local pizzeria), adopting a pet (I wrote about a local no-kill animal shelter), wondering where the fireworks were on July 4th (we do KaboomTown here in Addison on July 3rd and I wrote about that, too), and many, many calls about real estate - all from my "local" posts.It's been a journey. It's a journey I will continue.Thanks to everyone who reads, comments, and follows my Addison Update blog on Active Rain.  Here's to the next million points!
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: June 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 25, up from last month’s 15. Currently for sale, there are: 16 single family homes (ranging in price from $339,000 to $2,195,000) No half-duplexes 7 condos ($299,900 to $475,000) 2 townhomes ($385,000 to $444,500) Eight of the 25 available homes above have been on the market for longer than 30 days. Two are incomplete new construction condos and they’ve been on the market for 240+ days.The average number of days on the market for the “active” status, pre-owned homes is 24 days, as compared to 28 last month. The median number of days on the market is 17 days, compared to last month’s 24 days.New listings...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: May 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 15, up from last month’s 9. Currently for sale, there are: 9 single family homes (ranging in price from $350,000 to $1,499,000) 1 half-duplex ($365,000) 3 condos ($455,000-$469,000   All are incomplete new construction)  2 townhomes ($435,900 - $450,000) Seven of the 15 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and three are incomplete new construction condos.The average number of days on the market for the “active” status, pre-owned homes is 28 days, as compared to 21 last month. The median number of days on the m...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: April 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 9, down from last month’s 15. Currently for sale, there are: 3 single family homes (ranging in price from $365,000 to $1,499,000) No half-duplexes 4 condos ($120,000-385,000)  2 townhomes ($449,000-450,000) Two of the 9 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway.The average number of days on the market for the “active” status, pre-owned homes is 21 days, as compared to 43 last month. The median number of days on the market is 11 days, compared to last month’s 34 days.New listings in AprilSeventeen pre-owned homes ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: March 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 15, up from last month’s 14. Currently for sale, there are: 7 single family homes (ranging in price from $335,000 to $1,499,000) No half-duplexes 7 condos ($379,000 to $459,900)  1 townhome ($499,500) Eight of the 15 available homes above have been on the market for longer than 30 days. Six are incomplete new construction and are not available for immediate possession on closing and funding.The average number of days on the market for the “active” status, pre-owned homes is 43 days, as compared to 91 last month. The median number of days on the market is 34 days, compared to last month’s 28 days.New li...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
There's an election about to happen in Addison, Texas. The mayor's seat and three council seats are up for grabs. The election is May 6th and early voting starts April 24th. The last day to register to vote is April 6th for the May election.Whether you are a long-time resident of Addison, or new to our little town, you should be an informed citizen and come out to vote.  One way to learn about the candidates and their positions is to attend a Candidate Forum, sponsored by the Metrocrest Chamber of Commerce, the Addison Business Association, the Addison Rotary, South and Western, the Nolan Family, and Mad Batter Bakery. Here are the details about the forum scheduled for April 12, 2017:Date and Time: Wednesday, April 12th, 7:00-9:00 pmLocation: Addison Conference Centre, 15650 Addison Roa...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
The "M" word everyone fearsI have no idea why this came out sideways, any way to fix it would be appreciated. It was fine when I imported it.No one wants to hear or see the word "Mold" in their home inspection, but it happens doesn't it?Mold remediation can be very expensive. Mold typically grows in dark damp places... like in this case, inside the wall. What you are actually seeing is what is coming through the wall, it is very likely once we open that wall we will see logs more mold than you see right here.You are caught between a rock and a hard place sometimes. If you don't be honest and call it on a renovation loan, you can be way out on a limb. Even though remediation is pretty expensive it may be necessary for the health and well being of the buyers.It isn't your job to hide this...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: February 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 14, down from last month’s 20. Currently for sale, there are: 5 single family homes (ranging in price from $325,000 to $1,299,996) No half-duplexes 9 condos ($329,900to $464,900)  No townhomes Ten of the 14 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and it has been on the market for almost 500 days. Six are incomplete new construction and are not available for immediate possession on closing and funding.The average number of days on the market for the “active” status, pre-owned homes is 91 days, as compared to ...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
December 2016 Real Estate Market Summary for Addison, TX (MLS Area 10)   Month Year to Date   2016 2015 % Change 2016 2015 % Change New Listings 88 87 -1.1 2063 2043 -1.0 Closed Sales (Reported) 110 129 17.3 1679 1641 -2.3 Closed Sales (Projected) 110 145 31.8 1679 1657 -1.3 Listings Under Contract 80 87 8.7 1685 1644 -2.4 Average Sales Price $308,726 $339,423 9.9 $344,144 $371,770 8.0 Median Sales Price $299,000 $313,500 4.8 $315,000 $341,500 8.4 Percent of Original Price Received 97.1 95.6 -1.5 97.2 97.4 0.2 Days on Market Until Sale 36 42 16.8 33 31 -6.8 Inventory of Homes for Sale 218 199 -8.7       Months Supply of Inventory 1.6 1.5 -6.6       In December 2016 housing sales saw an uptick of 17.3% in contrast to 2015, with 129 sold total. Year to date there was a decline of 2.3% in...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: January 2017Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 16, down from last month’s 20. Currently for sale, there are: 3 single family homes (ranging in price from $349,900 to $1,490,400) No half-duplexes 12 condos ($207,995 to $464,900.)  Nine are incomplete new construction. 1 townhome ($462,500) Ten of the 16 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and it has been on the market for over 460 days. Nine are incomplete new construction and are not available for immediate possession on closing and funding.The average number of days on the market for the “active” sta...
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By Bob Baesmann, DFW Team Realty | 972-978-8800
( DFW Team Realty)
November 2016 Real Estate Market Summary for Addison, TX (MLS Area 10)   Month Year to Date   2016 2015 % Change 2016 2015 % Change Closed Sales (Reported) 99 146 47.5 1569 1507 -4.0 Closed Sales (Projected) 99 164 65.7 1569 1525 -2.8 Listings Under Contract 105 133 26.7 1605 1561 -2.7 Average Sales Price $363,434 $402,607 10.8 $346,627 $375,343 8.3 Median Sales Price $310,000 $361,000 16.5 $315,000 $346,500 10.0 Percent of Original Price Received 95.7 95.4 -0.3 97.2 97.6 0.4 Days on Market Until Sale 35 40 15.2 33 30 -9.1 Inventory of Homes for Sale 270 2700.0         Months Supply of Inventory 1.9 2.0 6.6       In November 2016 reported residential properties sold was 146, an improvement of 47.5% from 2015. Year to date there was a decrease of 4% in home sales reported in Addison in ...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: December 2016Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 20, down from last month’s 25. Currently for sale, there are: 6 single family homes (ranging in price from $349,900 to $1,490,400) No half-duplexes 11 condos ($305,000 to $464,900.) Nine are incomplete new construction. 3 townhomes ($319,900-$496,500) Fifteen of the 20 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and it has been on the market for over 400 days. Nine are incomplete new construction and are not available for immediate possession on closing and funding.The average number of days on the market for th...
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By Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417, Real Service. Real Results. Real Estate
(HomeSmart Stars)
Real Estate Market Report for Addison, Texas: November 2016Residential Real Estate For Sale in Addison TexasThe total number of available residential properties for sale in Addison, Texas is 25, the same as last month’s 25. Currently for sale, there are: 8 single family homes (ranging in price from $300,000 to $1,490,400) No half-duplexes 16 condos ($120,000 to $464,900) 1 townhome ($496,500) Eleven of the 25 available homes above have been on the market for longer than 30 days. One of these is the $1M+ home on the east side of the Tollway and it has been on the market for over 400 days.The average number of days on the market for the “active” status homes is 57 days, as compared to 65 last month. The median number of days on the market is 30 days, compared to last month’s 24 days.New l...
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