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Addison, TX

Single-Family Homes



Addison, TX

Fri May 29 2020
This week the median list price for Addison, TX is $384,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 4. Click here to stay informed with the Addison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Addison, TX

Fri May 29 2020
This week the median list price for Addison, TX is $384,900 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 4. Click here to stay informed with the Addison market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Addison market.
Median List Price $384,900
Per Square Foot $186
Days on Market 77
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $1,650
Most Expensive $559,000
Least Expensive $250,000
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$559,000 3,633 4,500 - 6,500 sqft 4 3 24 0 0 14
$399,900 2,062 0 - 4,500 sqft 3 2 25 0 1 63
$369,900 1,878 0 - 4,500 sqft 3 2 27 0 1 7
$250,000 1,396 2.5 - 5 acres 2 2 35 0 1 224