DFW ARCHIVED September 2017 | Page 14

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
$ 1,675,000
3 %
16 %
Average List Price of all Current Listings
$ 2,190,391
3 %
7 %
September Median Sales Price
$ 1,242,000
2 %
-12%
1 %
$ 1,207,500
-2%
-2%
September Average Sales Price
$ 1,242,000
0 %
-12% -17%
$ 1,244,875
-12%
-17%
Total Properties Currently for Sale ( Inventory )
33
10 %
136 %
September Number of Properties Sold
1
-50%
8
-11%
September Average Days on Market ( Solds )
365
64 % 498 % 185 %
145
15 %
13 %
Asking Price per Square Foot ( based on New Listings )
$ 293
23 %
0 %
-38%
4 %
$ 293
-7%
4 %
September Sold Price per Square Foot
$ 177
-24%
-9%
-20%
$ 230
11 %
4 %
September Month ' s Supply of Inventory
33.0
0 %
53 % 371 % 155 %
23.8
83 %
84 %
September Sale Price vs List Price Ratio
77.9 %
-11.7% -17.9% -10.9%
90.4 %
5 %
3 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
3 Mo Avg
Property Sales September Property sales were 1 , down 50.0 % from 2 in September of 2016 and higher than the 0 sales last month . September 2017 sales were at their lowest level compared to September of 2016 and 2015 . September YTD sales of 8 are running 11.1 % behind last year ' s year-to-date sales of 9 .
4 3 3 2
Number of Properties Sold
3 Mo Avg
2
1
1
Prices The Median Sales Price in September was $ 1,242,000 , down 12.2 % from $ 1,415,000 in September of 2016 and up from $ 0 last month . The Average Sales Price in September was $ 1,242,000 , down 12.2 % from $ 1,415,000 in September of 2016 and up from $ 0 last month . September 2017 ASP was at a mid range compared to September of 2016 and 2015 .
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 14 15
16 17
3 Mo Avg
Median Sales Price and Average Sales Price
3 Mo Avg
3,000
2,500
2,000
1 1 0 1 2 2 0 1 0 2 0 1 0 1 0 1 1 0 1 1 1 2 0 2 1 0 2 0 1 1 0 1 1 3 0 1
1,500
1,000
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
14
15
16
17
Inventory & MSI The Total Inventory of Properties available for sale as of September was 33 , up 10.0 % from 30 last month and up 135.7 % from 14 in September of last year . September 2017 Inventory was at its highest level compared with September of 2016 and 2015 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The September 2017 MSI of 33.0 months was at its highest level compared with September of 2016 and 2015 .
35 30 25 20 15 10 5 0
35
Total Inventory & Month ' s Supply of Inventory ( MSI )
30
35.0
25
30.0
20
25.0
15
20.0
10
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
O
N D
J
F M A 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
14
15
16
17
14
15
16
17
15.0
10.0
5.0
0.0
J
A S
10
10
9
9 9
9
11 11
13 11
11 14
13 17
16 14
18 17
18 16
19 18
18
16
19
19
16
14
19
13
15 14 13 15 17 14 17 13
18 16
14
13
17
17
14
18
17
18 16
14 17
17
15
18
18
25
17
28
15
26
18
31
28
25 30
26 30
31
33
30
30
33
35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0
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