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MARKET UPDATE: Pecan Square Condos in Addison TX 7/1/08-12/31/08

MARKET UPDATE: Pecan Square Condos in Addison, Texas 7/1/08 - 12/31/08Pecan Square Condos, Addison TX

There is currently 1 unit on the market, priced at $132,900.

Since July 1, 2008, there have been 2 sales in the complex, with $129.94 being the average price per sq. ft. (up from $124.92 six months ago). Units sold from a low of $123,500 to a high of $123,900 (as compared to $118,000 & $136,000 for the prior 6-month period).

Higher priced sales typically reflect larger units and those that have been updated.
The highest sale was at $130.15 per sq. ft. (up from $126.87 per sq. ft. six months ago).

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

Historical Perspective:

7/07 - 12/07

1/08 - 6/08

7/08 - 12/ 08

Lowest List Price

$119,900

$99,500

$132,900

Highest List Price

$125,500

$124,900

$132,900

# Sales

2

3

2

Avg. $/SqFt

$118.56

$124.92

$129.94

Lowest Sales Price

$116,500

$118,000

$123,500

Highest Sales Price

$123,000

$136,000

$123,900

Highest $/SqFt

$119.53

$126.87

$130.15

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 Sunday Jan 04