DFW ARCHIVED July 2016 | Page 22

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
$ 1,499,900
0 %
-0%
Average List Price of all Current Listings
$ 1,970,794
3 %
11 %
July Median Sales Price
$ 1,454,500
-12% -12%
4 %
22 %
$ 1,234,000
-8%
3 %
July Average Sales Price
$ 1,454,500
-12%
-5%
4 %
4 %
$ 1,407,714
-6%
1 %
Total Properties Currently for Sale ( Inventory )
33
14 %
83 %
July Number of Properties Sold
2
100 %
0 %
7
-13%
July Average Days on Market ( Solds )
67
-85% -58% 10 %
-49%
145
15 %
11 %
Asking Price per Square Foot ( based on New Listings )
$ 605
151 % 77 % 146 % 127 %
$ 331
40 %
24 %
July Sold Price per Square Foot
$ 245
8 %
8 %
40 %
15 %
$ 211
-5%
0 %
July Month ' s Supply of Inventory
16.5
-43% -31% 83 %
28 %
21.1
115 %
64 %
July Sale Price vs List Price Ratio
87.7 % 30.1 % 9.3 % -1.3%
. 3 %
83.9 %
-4%
-4%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date
3 Mo Avg
Property Sales July Property sales were 2 , equal to 2 in July of 2015 and 100.0 % higher than the 1 sales last month . July 2016 sales were at their highest level compared to July of 2015 and 2014 . July YTD sales of 7 are running 12.5 % behind last year ' s year-to-date sales of 8 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in July was $ 1,454,500 , up 4.1 % from $ 1,397,500 in July of 2015 and down 11.8 % from $ 1,650,000 last month . The Average Sales Price in July was $ 1,454,500 , up 4.1 % from $ 1,397,500 in July of 2015 and down 11.8 % from $ 1,650,000 last month . July 2016 ASP was at the highest level compared to July of 2015 and 2014 .
0
-1
2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
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 M
J
J
13
14
15
16
Median Sales Price and Average Sales Price
3 Mo Avg
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 M J
13
14
15
16
J
1 1 0 0 0 0 0 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
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of July was 33 , up 13.8 % from 29 last month and up 83.3 % from 18 in July of last year . July 2016 Inventory was at its highest level compared with July of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The July 2016 MSI of 16.5 months was at its highest level compared with July of 2015 and 2014 .
35 30 25 20 15 10 5 0
Total Inventory & Month ' s Supply of Inventory ( MSI )
35
30
35.0
25
30.0
20
15
10
25.0
20.0
15.0
10.0
5
5.0
0
0.0
A
S
A O
S N
O D
N
J
D
F M
J
A
F M
J
A M
J
A
J
S
J
O
A
N
S
D
O
J
N
F
D M
J A
F M
M J
A
J
M
A
J
S
J O
A N D
S O
J
N
F M
D
A
J
M
F
J
M
J
A M J
13
13
14
14
15
15
16
16
J
17
16
17
15
16
13
15
13 12
12 15
12 12
13
19
13
15 18
19
18
19 19
19
16
19
15
16
10
15
10
9 9
13 11 14 11
11 9 11 9
17 13
16 14
17
20 18
18 21
18
18 16
17
20
16 16
21
17 20
16 20
16 19
26
20
29
20
33
19
26
29
33
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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