The Addison Reserve housing market is not very competitive. The median sale price of a home in Addison Reserve was $1.5M last month, down 1.5% since last year. The median sale price per square foot in Addison Reserve is $541, up 18.4% since last year.
What is the housing market like in Addison Reserve today?
In March 2024, Addison Reserve home prices were down 1.5% compared to last year, selling for a median price of $1.5M. On average, homes in Addison Reserve sell after 84 days on the market compared to 48 days last year. There were 14 homes sold in March this year, up from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,462,500
-1.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Addison Reserve, FL
$1,462,500
-1.5%
United States
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How hot is the Addison Reserve housing market?
Addison Reserve is not very competitive. Homes sell in 64.5 days.
0
100
16
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 65 days.
Hot homes
can sell for about 4% below list price and go pending in around 24 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Addison Reserve housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Addison Reserve.
Risk Factor
Flood Factor - Moderate
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Addison Reserve has a moderate risk of flooding. 36 properties in Addison Reserve are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Addison Reserve. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Addison Reserve has a minor risk of wildfire. There are 3 properties in Addison Reserve that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Addison Reserve.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Addison Reserve has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Addison Reserve is most at risk from hurricanes. 798 properties in Addison Reserve have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 193 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 204 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Addison Reserve has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Addison Reserve have an Extreme Heat Factor®.
Addison Reserve is expected to see a 285% increase in the number of days over 107ºF over the next 30 years. Addison Reserve is expected to experience 9