DFW ARCHIVED September 2017 | Page 30

Market Action Report September 2017
Community Information | School District
Market Action Report September 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
$ 364,950
-1%
4 %
Average List Price of all Current Listings
$ 488,159
1 %
11 %
September Median Sales Price
$ 300,000
14 %
5 %
15 %
16 %
$ 279,450
9 %
8 %
September Average Sales Price
$ 331,703
12 %
2 %
4 %
11 %
$ 318,389
8 %
6 %
Total Properties Currently for Sale ( Inventory )
558
3 %
42 %
September Number of Properties Sold
180 -20%
7 %
1,682
7 %
September Average Days on Market ( Solds )
48
9 %
14 %
20 %
9 %
44
2 %
0 %
Asking Price per Square Foot ( based on New Listings )
$ 132
6 %
5 %
10 %
11 %
$ 127
8 %
7 %
September Sold Price per Square Foot
$ 123
3 %
2 %
5 %
10 %
$ 120
8 %
7 %
September Month ' s Supply of Inventory
3.1
29 %
16 %
33 %
40 %
2.5
16 %
14 %
September Sale Price vs List Price Ratio
96.2 %
-. 5 %
-. 6 %
-. 5 %
-. 7 %
96.8 %
-0%
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300
September Property sales were 180 , up 7.1 % from 168 in
September of 2016 and 20.4 % lower than the 226 sales last
Property month . September Sales 2017 sales were at their highest level
300
250
September compared Property to September sales were of 2016 180 , and up 7.1 2015 % from . September 168 in YTD
September sales of 1,682 of 2016 are and running 20.4 % 6.8 lower % ahead than of the last 226 year sales ' s last year-to-date
250 month sales . of September 1,575 . 2017 sales were at their highest level compared to September of 2016 and 2015 . September YTD
200 sales of 1,682 are running 6.8 % ahead of last year ' s year-to-date
200
150
sales of 1,575 .
150
100
0
Prices
The Median Sales Price in September was $ 300,000 , up 15.3 %
Prices from $ 260,182 in September of 2016 and up 13.9 % from
340
The
$ 263,500 Median last Sales month Price . in The September Average was Sales $ 300,000 Price in , up September 15.3 % from was $ 260,182 331,703 in , up September 3.9 % from of $ 2016 319,210 and in up September 13.9 % from of 2016 and
340
320
$ up 263,500 12.4 % last from month $ 295,146 . The Average last month Sales . September Price in September 2017 ASP was was $ 331,703 , up 3.9 % from $ 319,210 in September of 2016 and
320 at the highest level compared to September of 2016 and 2015 . up 12.4 % from $ 295,146 last month . September 2017 ASP was
300
300
280
at the highest level compared to September of 2016 and 2015 .
280
260
260
240
240
220

Rockwall

Agent Name
Title Phone Website Other

Community Information | School District

100
50
50
0
Number of Properties Sold
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
J
F M A M J
15
Median
J
A S O NSales D J FPrice M A Mand J JAverage
A S O N Sales D
J
F Price M A M J
16
17
J
A S
3 Mo Avg
Median Sales Price and Average Sales Price
159 133 141 79 108 146 175 185 223 241 218 146 158 142 161 113 128 163 208 183 191 206 215 168 150 173 166 114 143 190 199 209 212 209 226 180
O N D 14
220
200
200
O
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
14
15
16
17
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
J
A S
Inventory & MSI
14
15
16
17
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of
The
September Total Inventory was 558 of , up Properties 2.6 % from available 544 last for month sale as of and up 42.0 %
September from 393 was in September 558 , up 2.6 of % last from year 544 . last September month and 2017 up Inventory 42.0 %
600 from was 393 at its in highest September level of compared last year . September with September 2017 Inventory of 2016 and
500 was
2015 at . its highest level compared with September of 2016 and
2015 .
400
300
A comparatively lower MSI is more beneficial for sellers while a
600
500
400
300
200
Total Inventory & Month ' s Supply of Inventory ( MSI )
4.5
4.0
3.5
3.0
2.5
2.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
A higher comparatively MSI is better lower for MSI buyers is more . The beneficial September for sellers 2017 while MSI a of 3.1
200 higher months MSI was is better at its highest for buyers level . The compared September with 2017 September MSI of 3.1 of
100 months
2016 and was 2015 at its . highest level compared with September of
2016 and 2015 .
0
100
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
1.5
1.0
0.5
0.0
J
A S
1.0
0.5
0.0
O
N
14 D
J
F
15 M A M J
14
15
J
A S O N D
J
F M16A M J
16
J
A S O N D
J
F M A17M J
17
J
A S
407
159 133 141 79 108 146 175 185 223 241
Number of Properties Sold
383
312 407
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
369 326 354
329
337 324
377 326
393 354
337 416
406 377
393 393
218 146 158 142 161 113 128 163 208 183 191 206 215 168 150 173 166 114
398
416
398
406
340
393
362
398
371
398
403
340
405
362
473
371
541 143 403
524 190 405
3 Mo Avg
199
3 Mo Avg
544 473 558
209 541
212 524
3 Mo Avg
209
544 226
558 180
Copyright © Coldwell Banker Residential Brokerage | Price Range : All | Property Types : SFH - Con
30 | c o l d w e l l b a n k e r h o m e s . c o m
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 .