Market Action Report October 2017
Community Information | School District
Market Action Report October 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 |
$ 369,995 |
1 % |
|
5 % |
|
|
|
|
Average List Price of all Current Listings |
$ 481,549 |
0 % |
|
10 % |
|
|
|
|
October Median Sales Price |
$ 284,950 |
-5% |
1 % |
14 % |
10 % |
$ 279,900 |
10 % |
8 % |
October Average Sales Price |
$ 329,331 |
-0% |
2 % |
4 % |
10 % |
$ 319,401 |
7 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
532 |
1 % |
|
34 % |
|
|
|
|
October Number of Properties Sold |
162 -11% |
8 % |
1,852 |
7 % |
October Average Days on Market ( Solds ) |
54 |
15 % |
17 % |
32 % |
23 % |
45 |
5 % |
2 % |
Asking Price per Square Foot ( based on New Listings ) |
$ 131 |
0 % |
3 % |
7 % |
10 % |
$ 127 |
7 % |
7 % |
October Sold Price per Square Foot |
$ 119 |
-3% |
-2% |
3 % |
6 % |
$ 120 |
7 % |
7 % |
October Month ' s Supply of Inventory |
3.3 |
14 % |
16 % |
24 % |
48 % |
2.6 |
15 % |
15 % |
October Sale Price vs List Price Ratio |
95.1 % -1.2% -1.2% -1.3% -1.9% |
96.7 % |
-1% |
-0% |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales |
300 |
October Property sales were 162 , up 8.0 % from 150 in October |
|
of 2016 and 11.5 % lower than the 183 sales last month . October
Property
2017 sales Sales were at their highest level compared to October of
300
|
250 |
|
October
2016 and Property 2015 . sales October were YTD 162 , sales up 8.0 of % 1,852 from are 150 running October 7.4 % of ahead 2016 and of last 11.5 year % lower ' s year-to-date than the 183 sales sales of last 1,725 month . . October
250
2017 sales were at their highest level compared to October of
|
200 |
2016 and 2015 . October YTD sales of 1,852 are running 7.4 % ahead of last year ' s year-to-date sales of 1,725 . |
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 October was $ 284,950 , up 14.0 %
Prices from $ 250,000 in October of 2016 and down 4.8 % from The $ 299,415 Median last Sales month Price . in The October Average was Sales $ 284,950 Price , up in October 14.0 % was from $ 329,331 $ 250,000 , up 4.1 in % October from $ of 316,356 2016 and in October down 4.8 of % 2016 from and down 340 $ 0.2 299,415 % from last $ month 329,986 . The last Average month . Sales October Price 2017 in October ASP was at the $ highest 329,331 , level up 4.1 compared % from $ 316,356 to October in October of 2016 of and 2016 2015 and . down 320 0.2 % from $ 329,986 last month . October 2017 ASP was at the 300 highest level compared to October of 2016 and 2015 .
280
Inventory & MSI
Inventory The Total Inventory & MSI of Properties available for sale as of The October Total Inventory was 532 , up of Properties 0.8 % from available 528 last for month sale as and of up 33.7 % October from 398 was in 532 October , up 0.8 of % last from year 528 . last October month 2017 and Inventory up 33.7 % was 600 at from its highest 398 in October level compared of last year with . October 2017 of 2016 Inventory and 2015 was . at 500 its highest level compared with October 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 October for 2017 sellers MSI while of a 3.3 200
higher months MSI was is better at its highest for buyers level . The compared October with 2017 October MSI of 3.3 of 2016100 months and 2015 was . at its highest level compared with October of 2016 and 2015 .
0
100
50
0
260 240 220 200
50
0 |
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 |
A S O |
14 |
|
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
|
N
D
J
F M A M J
14
15
|
J |
AMedian S O N DSales
J F MPrice A M Jand
J AAverage S O N D Sales
J
F M Price A M J
16
17
|
J |
A S O |
3 Mo Avg |
340 |
Median Sales Price and Average Sales Price |
133 141 79 108 146 175 185 223 241 218 146 158 142 161 113 128 163 208 183 191 206 215 168 150 173 166 114 143 190 199 211 212 210 228 183 162
320 300 280 260 240 220
200 |
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 |
A S O |
N |
14
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 |
17
F M A M J
|
J |
A S O |
14 |
15 |
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
|
600 |
|
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
500 400 300
383
200 100
N
14
133 141 79 108 146 175 185 223 241 218 146 158 142 161 113
|
|
4.5 |
|
|
4.0 |
|
|
3.5 |
|
|
3.0 |
|
|
2.5 |
|
|
2.0 |
|
|
1.5 |
|
|
1.0 |
|
|
0.5 |
F M A M J |
J |
0.0
A S O
|
312
313 383
325 312
342 313
373 325
398 342
385 373
367 398 399
385 430 367
392 399
369 430
329 392
324 369
326
329 354 337
324
377 326
393 354
337 416
406 377
393 393
398 416
398 406
340 393
362 398
370 398
340 402 400
362 468
370 533
402 513
400 529 468 528 532
3 Mo Avg
0 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
D
14
J F 15 M A M J J A S O N D J F M 16 A M J J A S O N D J F M A
17 M J J A S O
15 16
17
128 163 208 183 191 206 215 168 150 173 166 114 143 190 199 211 533
212 513
210 529
228
528 183
532 162
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 .