DFW ARCHIVED February 2017 | Page 26

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
$ 1,445,000
0 %
-10%
Average List Price of all Current Listings
$ 1,966,180
-0%
-10%
February Median Sales Price
$ 1,142,000
0 %
4 %
-7%
$ 1,142,000
3 %
-7%
February Average Sales Price
$ 1,142,000
3 %
4 %
-24%
$ 1,142,000
3 %
-24%
Total Properties Currently for Sale ( Inventory )
25
9 %
47 %
February Number of Properties Sold
1
0 %
1
-50%
February Average Days on Market ( Solds )
2
-99% -99% -98%
2
-98%
-98%
Asking Price per Square Foot ( based on New Listings )
$ 278
28 %
13 %
15 %
1 %
$ 268
12 %
-3%
February Sold Price per Square Foot
$ 212
18 %
62 %
-4%
$ 212
23 %
-4%
February Month ' s Supply of Inventory
25.0
0 %
33 %
47 %
53 %
25.0
56 %
53 %
February Sale Price vs List Price Ratio
97.9 %
7.9 % 6.0 % 11.9 %
97.9 %
5 %
12 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales February Property sales were 1 , equal to 1 in February of 2016 and higher than the 0 sales last month . February 2017 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 1 are running 50.0 % behind last year ' s year-to-date sales of 2 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in February was $ 1,142,000 , up 3.8 % from $ 1,100,000 in February of 2016 and up from $ 0 last month . The Average Sales Price in February was $ 1,142,000 , up 3.8 % from $ 1,100,000 in February of 2016 and up from $ 0 last month . February 2017 ASP was at a mid range compared to February of 2016 and 2015 .
0
-1
3,000
2,500
2,000
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 M J
J
A
S O N D
J
F
14
15
16
17
Median Sales Price and Average Sales Price
3 Mo Avg
0 0 1 0 0 0 0 1 1 0 1 2 2 0 1 0 2 0 1 0 1 0 1 1 0 1 1 1 2 0 2 1 0 2 0 1
3 Mo Avg
1,500
1,000
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 M J
J
A S O N D
J
F
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of February was 25 , up 8.7 % from 23 last month and up 47.1 % from 17 in February of last year . February 2017 Inventory was at its highest level compared with February of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The February 2017 MSI of 25.0 months was at its highest level compared with February of 2016 and 2015 .
30 25 20 15 10 5 0
30
Total Inventory & Month ' s Supply of Inventory ( MSI )
25
30.0
20
25.0
15
20.0
10
15.0
5
10.0
0
5.0
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 M J
J
A S O N D0.0J
F
M
A14 M J
J
A S O N D J
F
M15 A M J
J
A S O N D J
F
M16 A M J
J
A S O N D J
F
17
14
15
16
17
15
19 15
18
19
18
19 19
19
16
19
15
16
10
15
10
9
9
9
9
11 11
11 14 11
13
17
13 16
17
14 18
18
16
19
18
16
18
20
19
16
15 15
20
17
15
15 19
16
15
17 21
16
24
15
23 19
21 25 26
25 22
22
24
23
25
23
26
25
25
23
25
30.0 25.0 20.0 15.0 10.0 5.0 0.0
26 | c o l d w e l l b a n k e r h o m e s . c o m