DFW ARCHIVED March 2017 | Page 30

Market Action Report March 2017
Community Information | School District
Market Action Report March 2017

County : Rockwall

Price Range : All | Properties : SFH - Con
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
$ 391,395
-1%
0 %
Average List Price of all Current Listings
$ 512,891
4 %
6 %
March Median Sales Price
$ 276,250
4 %
2 %
13 %
7 %
$ 274,900
17 %
6 %
March Average Sales Price
$ 337,512
16 %
8 %
24 %
13 %
$ 312,944
14 %
5 %
Total Properties Currently for Sale ( Inventory )
501
14 %
38 %
March Number of Properties Sold
182
29 %
12 %
437
8 %
March Average Days on Market ( Solds )
54
8 %
4 %
2 %
23 %
53
-5%
20 %
Asking Price per Square Foot ( based on New Listings )
$ 130
2 %
3 %
9 %
8 %
$ 126
7 %
5 %
March Sold Price per Square Foot
$ 122
11 %
6 %
16 %
9 %
$ 116
12 %
4 %
March Month ' s Supply of Inventory
2.8 -12% -14% 24 %
16 %
3.2
24 %
35 %
March Sale Price vs List Price Ratio
96.6 %
-. 3 %
. 4 %
. 1 %
-. 3 %
96.3 %
0 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
March Property sales were 182 , up 11.7 % from 163 in March of
2016 and 29.1 % higher than the 141 sales last month . March
Property
2017 sales Sales were at their highest level compared to March of 2016
300
250
March and 2015 Property . March sales YTD were sales 182 , of up 437 11.7 are % from running 163 in 8.2 March % ahead of of
2016 last and year 29.1 ' s year-to-date % higher than sales the of 141 404 sales . last month . March
250
2017 sales were at their highest level compared to March of 2016
200
and 2015 . March YTD sales of 437 are running 8.2 % ahead of last year ' s year-to-date sales of 404 .
200
150
150
100

Rockwall

Agent Name
Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
Prices The Median Sales Price in March was $ 276,250 , up 12.8 % from
Prices $ 245,000 in March of 2016 and up 3.9 % from $ 266,000 last The month Median . The Sales Average Price Sales in March Price was in $ March 276,250 was , up $ 12.8 337,512 % from , up $ 24.1 245,000 % from in March $ 271,996 of 2016 in March and up of 3.9 2016 % from and $ up 266,000 16.0 % from last 340 month $ 290,933 . The last Average month Sales . March Price 2017 in March ASP was $ at 337,512 the highest , up level 24.1 compared % from $ to 271,996 March in of March 2016 and of 2016 2015 and . up 16.0 % from 320 $ 290,933 last month . March 2017 ASP was at the highest level 300 compared to March of 2016 and 2015 .
280
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of March The was Total 501 , Inventory up 14.1 % of from Properties 439 last available month and for sale up 38.4 as of % March from 362 was in March 501 , up of 14.1 last % year from . 439 March last 2017 month Inventory and up 38.4 was % at from its highest 362 600 in level March compared of last year with . March 2017 of 2016 Inventory and 2015 was . at its highest 500 level compared with March of 2016 and 2015 . 400 300 A comparatively lower MSI is more beneficial for sellers while a A higher comparatively MSI is better lower MSI for buyers is more . The beneficial March for 2017 sellers MSI while of 2.8 a 200
higher months MSI was is better at its highest for buyers level . The compared March 2017 with MSI March of 2.8 of 2016 100 months and 2015 was . at its highest level compared with March of 2016 and 2015 .
0
100
50
0
260 240 220 200
50
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
14
15
16
17
A
M J
14
J
A S O N D
Median
J
F M A MSales J J APrice S O Nand D JAverage
F M A M Sales J
J
A Price S O N D
J
F M
15
16
17
3 Mo Avg
340
Median Sales Price and Average Sales Price
147 180 206 211 209 193 159 133 141 79 108 146 175 185 223 241 218 146 158 142 161 113 128 163 208 183 191 206 215 168 150 173 165 114 141 182
320 300 280 260 240 220
200
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
14
A
M J
J
A S O N D
J
15
F M A M J
J
A S O N D
J
16
F M A M J
J
A S O N D
J
F M
17
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
500 400
505
300 200 100
147
545
565 505 180 545 557
206 565 533
211 557 455
209 533 408
193 159 133 141 79 108 146 175 185
384 455
313 408 314 384
326 313 343 314 374 326 399 343 386
374 369
399
401 432
386
394 369
372 401
332 432
328 394
330 372
362 332 328
390 330
414 362
347 441
436 390 429
414 445
441 453
436 396
429 421
445
439 453 501
396
0
A
M J
J
A S O N D J
F M A M J
J
A S O N D J
A
M
14 J
J
A S O N D J
F M
15 A M J
J
A S O N D J
F M
16 A M J
14
15
16
J
A S O N D J
17
223 241 218 146 158 142 161
347 113 128 163 208 183 191 206 215 168 150 173
3 Mo Avg
165
4.5 4.0 3.5 3.0
421
2.5 2.0 1.5 1.0 0.5 0.0
114
439 141
501
F M A M J J A S O N D J F M F M
17
182
4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0
30 | c o l d w e l l b a n k e r h o m e s . c o m
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con Data is provided courtesy of North Texas Real Estate Information Systems , Inc ., Greater Tyler Association of REALTORS and may not reflect all relevant real estate activity . Coldwell Banker Residential Brokerage does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .