Rockwall Home Values

  • Rockwall home sales were down 9% in June 2014

    Rockwall home sales were down 9% in June 2014 compared to the same month last year with 197 homes selling this month. So far this year, there have been 874 home sales, which is a decrease of 6% from last year.

    New real estate listings in the Rockwall area have increased 21%, with 290 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 6%, with 1,448 homes listed. The number of listings under contract increased 4% this month, with 197 homes contracted. The number of listings under contract for the year to date decreased 1%, with 1,001 homes under contract. The current supply of active listings on the market this month was 592 homes, a 5% decrease from the same month last year. There was a 3.9 month supply of homes on the market, which is a 15% decrease from last year.

    The average sales price of a home in the Rockwall area this month was $249,384, down 4% from this month last year. For the year 2014, the average sales price was up 4%, at $244,168. On average, sellers have received 96% of their asking price this month, which is an increase of 0% from last year. For the year to date, sellers received 95% of their asking price, a change of 1%. This month, homes spent an average of 60 days on the market until sold, which represents an increase of 4% from last year. For the year to date, the average number of days on the market was 59, a decrease of 15%.

    Rockwall real estate information, known as MLS Area 34, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of June 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    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 June 2014

    By Bob Baesmann

  • Rockwall home sales were up 11% in May 2014

    Rockwall home sales were up 11% in May 2014 compared to the same month last year with 176 homes selling this month. So far this year, there have been 675 home sales, which is a decrease of 6% from last year.

    New real estate listings in the Rockwall area have increased 12%, with 297 homes listed this month, compared to the same period last year. So far this year, overall home listings have increased 2%, with 1,154 homes listed. The number of listings under contract increased 14% this month, with 205 homes contracted. The number of listings under contract for the year to date decreased 3%, with 798 homes under contract. The current supply of active listings on the market this month was 569 homes, a 8% decrease from the same month last year. There was a 3.7 month supply of homes on the market, which is a 21% decrease from last year.

    The average sales price of a home in the Rockwall area this month was $256,803, up 8% from this month last year. For the year 2014, the average sales price was up 6%, at $242,757. On average, sellers have received 95% of their asking price this month, which is an increase of 1% from last year. For the year to date, sellers received 95% of their asking price, a change of 2%. This month, homes spent an average of 49 days on the market until sold, which represents a decrease of 25% from last year. For the year to date, the average number of days on the market was 59, a decrease of 20%.

    Rockwall real estate information, known as MLS Area 34, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of May 2014.

    The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

    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 May 2014

    By Bob Baesmann

  • Home Sales Trends in 2013 for the Windmill Ridge Estates subdivision – Rockwall, Texas

    Home Sales in the Windmill Ridge Estates subdivision in Rockwall, Texas have been brisk in 2013, with 26 homes sold. The homes sold were built between 1985 and 1998, and the average sales price for a home in the Windmill Ridge Estates subdivision was $128,296. The lowest sale was at $87,400 and the highest sale was at $165,000.

    The average size of a home in the Windmill Ridge Estates subdivision is 1,457 sq. ft., with the smallest at 1,049 sq. ft. and the largest at 2,361 sq. ft. Homes in the Windmill Ridge Estates subdivision sold, on average, in 57 days. The quickest sale took 1 days and the longest sale 263 days. The average price per square foot for a home in the Windmill Ridge Estates subdivision is $88.96.

    The Windmill Ridge Estates subdivision is located in Rockwall, Texas, population 37,490 as per the 2010 census. Rockwall is roughly 22.5 square miles in size and is located in Rockwall County, the third wealthiest county in the state of Texas. Rockwall is adjacent the east side of Lake Ray Hubbard and north of Dallas.

    Overall home sales in Rockwall, Texas are at 1,861 homes sold, with an average sales price of $237,831. On average, sellers received 95% of their asking price, with homes spending an average of 64 days on the market. Rockwall is known as area 34 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Windmill Ridge Estates subdivision, as well as home foreclosures and short sales in the Windmill Ridge Estates subdivision. If you are looking to buy or sell a home in the Windmill Ridge Estates subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

  • Home Sales Trends in 2013 for the Turtle Cove subdivision – Rockwall, Texas

    Home Sales in the Turtle Cove subdivision in Rockwall, Texas have been brisk in 2013, with 17 homes sold. The homes sold were built between 1996 and 2000, and the average sales price for a home in the Turtle Cove subdivision was $237,206. The lowest sale was at $173,000 and the highest sale was at $400,000.

    The average size of a home in the Turtle Cove subdivision is 2,432 sq. ft., with the smallest at 1,596 sq. ft. and the largest at 2,961 sq. ft. Homes in the Turtle Cove subdivision sold, on average, in 84 days. The quickest sale took 1 days and the longest sale 222 days. The average price per square foot for a home in the Turtle Cove subdivision is $97.82.

    The Turtle Cove subdivision is located in Rockwall, Texas, population 37,490 as per the 2010 census. Rockwall is roughly 22.5 square miles in size and is located in Rockwall County, the third wealthiest county in the state of Texas. Rockwall is adjacent the east side of Lake Ray Hubbard and north of Dallas.

    Overall home sales in Rockwall, Texas are at 1,861 homes sold, with an average sales price of $237,831. On average, sellers received 95% of their asking price, with homes spending an average of 64 days on the market. Rockwall is known as area 34 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the Turtle Cove subdivision, as well as home foreclosures and short sales in the Turtle Cove subdivision. If you are looking to buy or sell a home in the Turtle Cove subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

  • Home Sales Trends in 2013 for the The Shores subdivision – Rockwall, Texas

    Home Sales in the The Shores subdivision in Rockwall, Texas have been brisk in 2013, with 12 homes sold. The homes sold were built between 1984 and 1996, and the average sales price for a home in the The Shores subdivision was $232,317. The lowest sale was at $155,000 and the highest sale was at $332,900.

    The average size of a home in the The Shores subdivision is 2,681 sq. ft., with the smallest at 1,597 sq. ft. and the largest at 4,014 sq. ft. Homes in the The Shores subdivision sold, on average, in 46 days. The quickest sale took 4 days and the longest sale 260 days. The average price per square foot for a home in the The Shores subdivision is $87.63.

    The The Shores subdivision is located in Rockwall, Texas, population 37,490 as per the 2010 census. Rockwall is roughly 22.5 square miles in size and is located in Rockwall County, the third wealthiest county in the state of Texas. Rockwall is adjacent the east side of Lake Ray Hubbard and north of Dallas.

    Overall home sales in Rockwall, Texas are at 1,861 homes sold, with an average sales price of $237,831. On average, sellers received 95% of their asking price, with homes spending an average of 64 days on the market. Rockwall is known as area 34 in the North Texas Real Estate Information System. This information is believed reliable but is only as accurate as reported by the system in the month of December 2013.

    DFW Team Realty is your local expert specializing in home sales in the The Shores subdivision, as well as home foreclosures and short sales in the The Shores subdivision. If you are looking to buy or sell a home in the The Shores subdivision, contact DFW Team Realty or visit us online to receive updates on home values in your city and neighborhood.

    By Bob Baesmann

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