Hi everyone, Marie Walton here with Ebby Halliday REALTORS, bringing you your latest market update for September 2024 on condos and town homes in Rockwall, Texas. Whether you’re a buyer or a seller, this information is crucial for making informed decisions in today’s real estate market.
Let’s dive into the numbers. Currently, we have 8.56 months supply of inventory in Rockwall. That means if no new homes were added to the market, it would take 8.56 months to sell all the existing condos and town homes. Over the last 12 months, we’ve seen a 75.41% increase in months supply of inventory, indicating a shift in the market.
When it comes to list to sold price percentage, we’re seeing a strong 97.8%, which means condos and town homes are selling close to their asking price. This is great news for sellers who are looking to get top dollar for their homes.
The median days on market in Rockwall is currently 100 days, showing that condos and town homes are moving at a steady pace. And the median sold price is $254,000, giving you a snapshot of the market value in the area.
So whether you’re looking to buy or sell, it’s important to stay informed and work with a knowledgeable REALTOR® to navigate the market. If you have any questions or need assistance, feel free to reach out to me at the phone number or email address below.
Thank you for stopping by, and remember, knowledge is power in the world of real estate. Have a great day!
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Marie Sells Dallas 