Hey everyone, welcome back to another market update with me, Marie Walton from Ebby Halliday REALTORS. Today, we’re diving into the latest data for Rowlett, Texas as of October 2024.
Let’s start with the Months Supply of Inventory, which currently stands at 5.04 months. This means that if no new homes were to come on the market, it would take just over 5 months to sell all existing homes. Over the last 12 months, we’ve seen a 54.6% increase in Months Supply of Inventory, so it’s definitely something to keep an eye on.
Next up, the List to Sold Price percentage is at 97.8%. This indicates that homes in Rowlett are selling for about 97.8% of their list price, which is pretty strong.
The median days on market is 64, which means that half of the homes are selling in less than 64 days. And finally, the median sold price in Rowlett is currently $390,000.
These numbers give us a snapshot of the current market conditions in Rowlett, Texas. Remember, this data is just a starting point and each individual situation is unique.
If you’re considering buying or selling a home in Rowlett, make sure to reach out to a professional REALTOR® like myself to discuss your specific needs and goals. Stay informed and happy house hunting!
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Marie Sells Dallas 