Rockwall Housing Sales For December 2016 Are Lower 1.2%

December 2016 Real Estate Market Summary for Rockwall, TX (MLS Area 34)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 106 110 3.8 2601 2688 3.3
Closed Sales (Reported) 166 164 -1.2 2010 2081 3.5
Closed Sales (Projected) 166 184 11.0 2010 2101 4.5
Listings Under Contract 107 129 20.6 2041 2083 2.1
Average Sales Price $280,649 $306,838 9.3 $276,612 $298,744 8.0
Median Sales Price $249,950 $261,500 4.6 $235,000 $256,000 8.9
Percent of Original Price Received 96.0 96.3 0.3 96.6 97.0 0.4
Days on Market Until Sale 56 51 -8.7 48 44 -9.3
Inventory of Homes for Sale 411 385 -6.3
Months Supply of Inventory 2.5 2.2 -9.5

This month the number of properties sold in Rockwall was lower 1.2% in contrast to 2015, with 164 properties sold this month. There were 2081 recorded homes sold year to date, and this was an improvement of 3.5% compared to 2015. Projected houses sold in Rockwall this month increased 11%, with 184 projected houses sold this month. In Rockwall there were 2101 projected residential property sales year to date, and this was a climb of 4.5%. In December 2016 in Rockwall the number of new housing units in the market underwent an increase of 3.8%, with 110 newly listed total. The number of newly listed homes year to date in Rockwall saw a gain of 3.3%, with 2688 newly listed homes this year. This month there was a rise of 20.6% in contract listings compared to last year. There were 129 contract listings total this month. There were 2083 listings under contract year to date, and this was an uptick of 2.1% from last year. This month the number of months supply of properties on the market in Rockwall was at 2.2, a fall of 9.5%. In Rockwall in December 2016 residential properties for sale lost 6.3%, with 385 residential properties for sale total this month. There were 51 days on market until sale in December 2016, and this was a decline of 8.7% from 2015. The total percent of original asking price received in Rockwall this month saw an improvement of 0.3%, with 96.3 percent of original asking price received this month. Year to date percent of original list price received in Rockwall was 97.0 total, an increase of 0.4%.

You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Rockwall Texas homes, foreclosures, and short sales to find homes in Rockwall. This service is FREE and available without any obligation from DFWTeamRealty.com.

Rockwall Texas Real Estate December 2016

By

Close
Please support the site
By clicking any of these buttons you help our site to get better

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services