Rowlett, Texas home sales surge 33% this month

So far this year, home sales have reached 1,141 in all, which is a 7% upturn from a year ago. In December of this year, Rowlett home sales grew 33%, with 81 houses sold.

In December 2015, the number of new real estate listings in Rowlett grew 9%, with 63 homes listed in December of this year. Overall this year, new housing listings have reached 1,444 overall, which is a 9% surge relative to the same period last year. Current listings under contract in Rowlett dipped 2% during December, with 59 houses currently listed under contract in December of this year. In total for this year there have been 1,238 listed houses under contract total, which is a 10% surge from last year. Savvy real estate investors know that multi family properties in Denver are likely to continue to produce strong returns. In total for this year, the average price for a house for properties in Rowlett was approximately $221,654, which is a 13% rise from last year. The average selling price in Rowlett rose 15% .

Buyers received 98% of their asking price on average overall this year, which is a 1% rise compared to the same period last year. During December, buyers received 97% of their list price, which is a 0% growth from a month ago. Cumulatively this year, houses spent approximately 34 days in the market until sold., which is a 12% drop from last year. The days on market until sale this December in Rowlett increased 6%, at 41 days on market until sale. This month, the market inventory of available homes was 139 houses, a 7% fall from a month ago.The month supply of homes in Rowlett dropped 13% during December, with a 1.4 month supply of houses on the market.

MLS Area 8 is the Multiple Listing Service Access number for Rowlett, as designated by the North Texas Real Estate Information System. The DFW area comprises 13 counties and two major metropolitan areas – Dallas-Plano-Irving and Fort Worth – in an area of over 9,000 square miles. The Dallas Fort-Worth area is, in terms of population, the largest metropolitan region in Texas, the largest in the South, the fourth largest in the United States and the tenth-largest in the Americas. The Dallas Fort-Worth area is sixth largest by Gross Metropolitan Product in the United States, and is about tenth largest by GMP in the world.

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Rowlett Texas Real Estate December 2015

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