Dallas Area Residential Sales Report – Rowlett, Texas

Hi everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS, here to give you a market update for November 2024 in Rowlett, Texas.

Let’s start with the numbers. Currently, there are 4.73 Months Supply of Inventory in Rowlett. This means that at the current rate of sales, it would take 4.73 months to sell all the homes on the market.

Over the last 12 months, we’ve seen a 44.65% increase in Months Supply of Inventory. This indicates a shift in the market towards more inventory, giving buyers more options to choose from.

The List to Sold Price percentage in Rowlett is currently at 97.6%. This means that on average, homes are selling for 97.6% of their list price. This is a good indicator of a stable market.

The median days on market in Rowlett is 48 days. This tells us that homes are selling relatively quickly in this area.

And finally, the median sold price in Rowlett is $358,999. This gives us an idea of the price range that most homes are selling for in the area.

So, whether you’re a buyer or seller in Rowlett, Texas, it’s important to stay informed about the market trends. If you have any questions or are looking to buy or sell a home, feel free to reach out to me. Thank you for dropping in and have a great day!