Market Action Report
County: Rockwall
March 2016
Rockwall
Agent Name
Title
Phone
Website
Other
Community Information | School District
Price Range: All | Properties: SFH - Con
Days On Market for Sold Properties
Market Time
The average Days On Market (DOM) shows how many days the
average Property is on the market before it sells. An upward
trend in DOM tends to indicate a move towards more of a
Buyer's market, a downward trend a move towards more of a
Seller's market. The DOM for March was 50, down 9.1% from 55
days last month and down 13.8% from 58 days in March of last
year. The March 2016 DOM was at its lowest level compared
with March of 2015 and 2014.
3 Mo Avg
80
70
61
58
60
50
50
40
30
20
10
0
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 M
13
14
15
16
Selling Price per Square Foot
Selling Price per Square Foot
The Selling Price per Square Foot is a great indicator for the
direction of Property values. Since Median Sales Price and
Average Sales price can be impacted by the 'mix' of high or low
end Properties in the market, the selling price per square foot is a
more normalized indicator on the direction of Property values.
The March 2016 Selling Price per Square Foot of $106 was up
1.1% from $104 last month and up 3.7% from 102 in March of
last year.
150
140
130
120
110
100
90
80
70
60
50
́5