DFW ARCHIVED April 2016 | Page 30

Rockwall Community Information | School District

Rockwall Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 433,530
5 %
28 %
Average List Price of all Current Listings
$ 533,695
2 %
25 %
April Median Sales Price
$ 260,500
6 %
7 %
11 %
11 %
$ 244,000
7 %
4 %
April Average Sales Price
$ 294,317
9 %
5 %
13 %
6 %
$ 280,011
4 %
1 %
Total Properties Currently for Sale ( Inventory )
400
-0%
7 %
April Number of Properties Sold
200
27 %
14 %
596
17 %
April Average Days on Market ( Solds )
40
-22% -20% -25% -17%
50
-12%
4 %
Asking Price per Square Foot ( based on New Listings )
$ 116
-7%
-3%
10 %
5 %
$ 120
12 %
8 %
April Sold Price per Square Foot
$ 111
5 %
5 %
13 %
8 %
$ 106
6 %
3 %
April Month ' s Supply of Inventory
2.0
-21% -19%
-6%
-18%
2.6
-9%
7 %
April Sale Price vs List Price Ratio
98.0 %
1.4 % 1.3 % 1.3 %
1.4 %
96.7 %
0 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales April Property sales were 200 , up 14.3 % from 175 in April of 2015 and 26.6 % higher than the 158 sales last month . April 2016 sales were at their highest level compared to April of 2015 and 2014 . April YTD sales of 596 are running 17.3 % ahead of last year ' s year-to-date sales of 508 .
300
250
200
Number of Properties Sold
3 Mo Avg
150
100
50
Prices The Median Sales Price in April was $ 260,500 , up 10.9 % from $ 235,000 in April of 2015 and up 6.3 % from $ 245,000 last month . The Average Sales Price in April was $ 294,317 , up 12.7 % from $ 261,241 in April of 2015 and up 9.3 % from $ 269,265 last month . April 2016 ASP was at the highest level compared to April of 2015 and 2014 .
0
290 270 250 230 210 190 170 150
158 215 200 224 129 139 122 126 100 102 146 147 180 206 211 209 193 159 133 141 79 108 146 175 185 223 241 218 145 159 142 158 111 127 158 200
M
J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
M
J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A
13
14
15
16
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of April was 400 , down 0.5 % from 402 last month and up 7.0 % from 374 in April of last year . April 2016 Inventory was at a mid level compared with April of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2016 MSI of 2.0 months was at its lowest level compared with April of 2015 and 2014 .
700 600 500 400 300 200 100
0
700
600
500
564
400
300
200
100
571
577 564
603 571 577
528
Total Inventory & Month ' s Supply of Inventory ( MSI )
478 603
457 528
431 478
424 457 463
431 465 424 505 463
545
465 565 505 557 545
533 565
455 408
557
384 533 455
313
314
326
343 313
314 374
326 399
343 386
372 374
405 399
386 438 404
372 384
405 347
438 344
404
358 384 402 347 400 344
0
0.0
M
J
MJ
AJ
SJ
OA
NS DO JN FD
MJ
AF MJ A JMA
JS JO AN SD
OJ
NF MD
AJ
MF MJ JA AM SJ
OJ
NA
DS
JOFNM DA
J
F M A
13
13
14
14
15
15
16
16
408
384
5.0
4.0
3.0
358
2.0
1.0
402
400
5.0 4.0 3.0 2.0 1.0 0.0
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