Rowlett Housing Sales For December 2016 Up 17%

December 2016 Real Estate Market Summary for Rowlett, TX (MLS Area 8)
Month Year to Date
2016 2015 % Change 2016 2015 % Change
New Listings 63 79 25.4 1445 1480 2.4
Closed Sales (Reported) 112 131 17.0 1226 1251 2.0
Closed Sales (Projected) 112 147 31.4 1226 1267 3.4
Listings Under Contract 52 78 50.0 1228 1270 3.4
Average Sales Price $237,242 $262,915 10.8 $221,613 $246,658 11.3
Median Sales Price $233,945 $240,500 2.8 $205,000 $232,500 13.4
Percent of Original Price Received 97.4 96.6 -0.7 98.2 98.7 0.4
Days on Market Until Sale 41 32 -22.8 34 31 -8.4
Inventory of Homes for Sale 159 132 -17.0
Months Supply of Inventory 1.6 1.3 -18.6

This month there were 131 real estate sales, which was a gain of 17% relative to last year. Year to date the number of houses sold in Rowlett saw an increase of 2% relative to last year, with 1251 houses sold this year. The number of projected home sales in December 2016 showed an improvement of 31.4%, with 147 projected total. In Rowlett there was a growth of 3.4% in projected real estate sales year to date. There were 1267 projected real estate sales total this year. In December 2016 there were 79 newly listed houses, and this was a hike of 25.4%. There were 1480 new listings in the market year to date, and this was an improvement of 2.4%. In Rowlett this month the number of contract listings was higher 50% in contrast to 2015, with 78 contract listings total this month. Year to date there was a climb of 3.4% in the number of listings under contract in Rowlett compared to 2015. There were 1270 listings under contract total this year. Months supply of housing units on the market in December 2016 saw a decline of 18.6%, with 1.3 months of supply total. This month the number of homes for sale showed a decrease of 17%, with 132 listed for sale in the market total. In December 2016 days on market until sale was 32 total, a drop of 22.8% compared to December 2015. This month percent of original asking price received reached 96.6, a drop of 0.7%. Year to date in Rowlett the number of percent of original asking price received saw a rise of 0.4%, with 98.7 percent total this year.

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

Rowlett 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