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.
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