DFW ARCHIVED September 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
$ 1,500,000
-3%
8 %
Average List Price of all Current Listings
$ 1,996,152
-1%
3 %
September Median Sales Price
$ 1,415,000
-12% 37 %
18 %
$ 1,234,000
3 %
3 %
September Average Sales Price
$ 1,415,000
-4%
37 %
2 %
$ 1,409,333
-2%
1 %
Total Properties Currently for Sale ( Inventory )
25
-4%
32 %
September Number of Properties Sold
2
100 %
9
0 %
September Average Days on Market ( Solds )
61
-56% -27% -53%
126
4 %
-4%
Asking Price per Square Foot ( based on New Listings )
$ 328
42 %
-7%
-42%
22 %
$ 290
11 %
8 %
September Sold Price per Square Foot
$ 194
-12% 15 %
-8%
$ 207
-4%
-2%
September Month ' s Supply of Inventory
12.5
0 %
-4%
-34%
-1%
16.9
49 %
34 %
September Sale Price vs List Price Ratio
94.9 %
9.7 % 1.1 % 8.5 %
86.4 %
-2%
-1%
* 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 September Property sales were 2 , up 100.0 % from 1 in September of 2015 and higher than the 0 sales last month . September 2016 sales were at their highest level compared to September of 2015 and 2014 . September YTD sales of 9 are running equal to last year ' s year-to-date sales of 9 .
3
2
2
Number of Properties Sold
3 Mo Avg
1
1
Prices The Median Sales Price in September was $ 1,415,000 , up 37.0 % from $ 1,033,000 in September of 2015 and up from $ 0 last month . The Average Sales Price in September was $ 1,415,000 , up 37.0 % from $ 1,033,000 in September of 2015 and up from $ 0 last month . September 2016 ASP was at the highest level compared to September of 2015 and 2014 .
0 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 A S 13 14
15 16
-1 3 Mo Avg
2,400 2,200 2,000 1,800 1,600 1,400 1,200 1,000
Median Sales Price and Average Sales Price
3 Mo Avg
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
A S
13
14
15
16
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 0 2
Inventory & MSI The Total Inventory of Properties available for sale as of September was 25 , down 3.8 % from 26 last month and up 31.6 % from 19 in September of last year . September 2016 Inventory was at its highest level compared with September of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2016 MSI of 12.5 months was at its lowest level compared with September of 2015 and 2014 .
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
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
J0.0A S
O N13D
J
F
14 M A M J
13
14
J
A S O N D
J
F M15A M J
15
J
A S O N D
J
F M
16 A M J
16
J
A S
15
13
15
13
12
12
12
15 12
13
19
18 15 19 19
13
19
18
19
16
19
15
16
10
15
10
9 9
9
9
11 11
11 14 11
13
17
17 13 16 14 18 18
19
16
18
16
18
20
19
16
15 15
20
17
15
16
15
15
17 21
24
16
27
15
26
24
21 25
27
26
25
30.0 25.0 20.0 15.0 10.0 5.0 0.0
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