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MARKET UPDATE: Addison's Midway Meadows Single Family Homes 7/1/08 - 12/31/08

MARKET UPDATE: Addison's Midway Meadows Single Family Homes 7/1/08 - 12/31/08

There are currently 2 homes on the market, ranging from $194,900 to $199,900.Midway Meadows, Addison Real Estate

Since July 1, 2008, there have been 2 sales in the neighborhood with $122.26 being the average price per sq. ft. (up from $120.09 six months ago). Homes sold from a low of $215,000 to a high of $220,500. Higher priced sales typically reflect homes that have been updated.

The highest sale was at $137.30/sq. ft. (down from $142.94/sq. ft. 6 months ago).

Please call me for a FREE MARKET ANALYSIS and suggestions on getting your home ready to go on the market.

Historical Perspective:

7/07 - 12/07

1/08 - 6/08

7/08 - 12/ 08

Lowest List Price

$179,900

$222,500

$194,900

Highest List Price

$258,000

$299,900

$199,900

# Sales

2

6

2

Avg. $/SqFt

$94.63

$120.09

$122.26

Lowest Sales Price

$173,000

$175,000

$215,000

Highest Sales Price

$203,450

$246,000

$220,500

Highest $/SqFt

$96.33

$142.94

$137.30

With only 52 properties on the market in all of Addison right now, this is the time to sell while inventory is low! With mortgage rates so low, now is the time to buy! I work with buyers and sellers. Call me for your Addison real estate needs. (I also serve most of the North Dallas area, including Plano, Far North Dallas, Carrollton, Farmers Branch, Coppell .... and more).

Lorrie Semler, e-PRO, GRI
Addison Resident/Addison Specialist
Keller Williams - Dallas North
972-416-3417
www.LorrieSemler.com

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Posted Saturday Jan 03