Rockwall Housing Sales For November 2016 Are Higher 23.2%

By
Real Estate Broker/Owner with DFW Team Realty
November 2016 Real Estate Market Summary for Rockwall, TX (MLS Area 34)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 142 175 23.2 1844 1913 3.7
Closed Sales (Projected) 142 197 38.5 1844 1935 4.9
Listings Under Contract 131 150 14.5 1934 1955 1.1
Average Sales Price $287,937 $305,806 6.2 $276,248 $298,238 8.0
Median Sales Price $252,500 $264,880 4.9 $235,000 $255,000 8.5
Percent of Original Price Received 95.5 95.7 0.2 96.7 97.1 0.4
Days on Market Until Sale 54 41 -24.0 48 43 -9.2
Inventory of Homes for Sale 478 467 -2.3      
Months Supply of Inventory 2.9 2.7 -6.7      

In November 2016 housing sales was up 23.2% in contrast to the same point in time last year, with 175 housing sales this month. The number of property sales year to date in Rockwall experienced a gain of 3.7% from November last year, with 1913 sold total this year. In November 2016 there was a climb of 38.5% in projected homes sold in Rockwall. There were 197 projected homes sold total this month. The number of projected property sales year to date was at 1935 total, a growth of 4.9%. In Rockwall the number of newly listed homes in the market this month was 179, a growth of 14.7%. Year to date new homes listed in the market was 2578 total, an improvement of 3.3%. In Rockwall there were 150 homes listed under contract this month, which was a rise of 14.5% in contrast to 2015. The number of contract listings year to date in Rockwall was at 1955 total, a growth of 1.1% in contrast to November 2015. In Rockwall months supply of houses on the market this month reached 2.7 total, a slump of 6.7%. This month there were 467 units for sale in the market in Rockwall, which was a decline of 2.3%. This month the number of days on market until sale saw a fall of 24% from November last year, with 41 days total. In Rockwall in November 2016 percent of original list price received experienced a rise of 0.2%, with 95.7 percent total. Year to date percent of list price received was higher 0.4%, with 97.1 percent of list price received this year.

Click here to view homes in Rockwall.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Rockwall County Rockwall
Groups:
Market Reports
Tags:
rockwall
home values
market reports
trends

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
771,687

Bob Baesmann

DFW Team Realty | 972-978-8800
Ask me a question
*
*
*
*