Rockwall, Texas home sales increase 11% in December 2015

Housing sales cumulatively this year increased 3% relative to the same period last year, with 1,943 properties sold. This month, there were 142 houses sold in Rockwall, which is a 11% growth from last month.

New houses listed in Rockwall fell 3% this month, with 106 homes listed during December. Year-to-date new listings are at 2,599 overall, which is a 2% gain relative to the same period last year. The number of listings under contract in Rockwall fell 4%, with 110 homes currently listed under contract. Current listings under contract in total for this year went up 5% compared to the same period last year, with 2,046 properties sold. The average price for a house in Rockwall increased 14% . The average selling price was about $276,919 year-to-date, which is a 11% rise relative to the same period last year.

The percentage of original list prices received in Rockwall increased 0% this month, with percentage of original list prices received at 96%. Buyers got 97% of their list price on average overall this year, which is a 1% rise relative to the same month last year. So far this year, houses spent an average of 48 days in the market until sold, which is a 18% fall from a year ago. The days on market until sale was approximately 54 days, a 11% dip from last month. The market supply of homes was 375 houses, which is a 10% dip from the previous month.The month supply of homes in Rockwall dipped 13%, with a 2.3 month supply of houses.

Rockwall is one of many areas analyzed by the North Texas Real Estate Information System. The MLS Area for Rockwall is 34. The Dallas Fort-Worth area comprises 13 counties and two major metropolitan divisions – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. It is sixth largest by Gross Metropolitan Product in the United States, and is approximately tenth largest by GMP in the world. by population, The Dallas Fort-Worth area is the area that ranks first in Texas and in the South, and fourth in the United States.

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Rockwall Texas Real Estate December 2015

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