MARKET UPDATE: Addison Place Subdivision in Addison Texas 1/1/09 - 6/30/09
The 175 single family homes in the Addison Place subdivision in Addison, Texas are located just north and east of Addison airport at the intersection of Westgrove Road and Sojurn. This area is south of Trinity Mills and west of Addison Road, within walking distance to restaurants and shopping. The following streets are in the subdivision (west to east): Westgrove, Knots Landing, Planters Row, Upper Bay, Vinland, and Windward - note that with the exception of Westgrove, they are in alphabetical order.
There are currently 4 homes on the market, ranging from $178,900 to $214,000.
|
Street
|
Sq.Ft.
|
BR
|
Bath
|
Gar
|
Price
|
|
Windward Lane
|
1,425
|
2
|
2
|
2
|
$178,900
|
|
Windward Lane
|
1,770
|
2
|
2
|
2
|
$204,900
|
|
Upper Bay Road
|
1,992
|
3
|
3
|
2
|
$214,000
|
|
Planters Row
|
1,992
|
3
|
3
|
2
|
$187,895
|
There have been 2 sales in the neighborhood since January 1st, with $97.19 being the average price per sq. ft. (up from $92.94 in the previous six month period). Homes sold from a low of $180,000 to a high of $188,900. The highest sale was at $104.17/sq. ft.
Historical Perspective for Addison Place Homes:
|
|
7/08 - 12/ 08
|
1/09-6/09
|
|
Lowest List Price
|
$116,000
|
$178,900
|
|
Highest List Price
|
$157,000
|
$214,00
|
|
# Sales
|
2
|
2
|
|
Avg. $/SqFt
|
$92.94
|
$97.19
|
|
Lowest Sales Price
|
$116,000
|
$180,000
|
|
Highest Sales Price
|
$157,000
|
$188,900
|
|
Highest $/SqFt
|
$92.94
|
$104.17
|
Please call me for a FREE MARKET ANALYSIS and suggestions on getting your home ready to go on the market. Now is a great time to sell because there is so little competition in the Addison Place subdivision! With only 73 active properties on the market in all of Addison, this is the time to sell while inventory is low!
Looking to purchase a home in Addison? With mortgage rates so low, now is the time to buy!
As an Addison resident, you may join the Addison Athletic Club, open to all Addison Texas residents, for a one-time $10 fee for as long as you reside in Addison. Close to major thoroughfares such as I-35, the Dallas North Tollway and 635, the Addison Place homes are ideally situated.
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, SRES
Addison Resident/Addison Specialist
Keller Williams - Dallas North
972-416-3417
www.LorrieSemler.com
