Hey there, everyone! Marie Walton here, your friendly neighborhood REALTOR® with Ebby Halliday REALTORS. Today, I’m here to give you a market update for Rockwall, Texas in November 2024.
Let’s dive right into the numbers, shall we? Currently, we have a 7.15 Months Supply of Inventory in Rockwall. That’s up by 67.84% over the last 12 months. What does that mean for you as a buyer or seller? Well, it’s important to keep an eye on inventory levels to gauge the competitiveness of the market.
Next up, we have the List to Sold Price percentage, which is sitting at a strong 96.7%. This number gives you an idea of how close homes are selling to their asking prices. It’s always good to know where you stand in terms of negotiation power.
Now, let’s talk about the Median days on market, which is currently 65 days. This number tells us how long it takes, on average, for a home to sell in Rockwall. Keep in mind that this can vary depending on the property type and location.
Last but not least, the Median Sold Price in Rockwall is $539,000. Knowing the median price can help you understand the general price range of homes in the area.
So, there you have it, folks! A quick and informative market update for Rockwall, Texas. Whether you’re a buyer or seller, staying informed about the market trends is key to making smart real estate decisions.
If you have any questions or need assistance with buying or selling your home, feel free to reach out to me at the phone number or email address below. Thanks for dropping in, and I’ll see you in the next update! Happy house hunting!
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Marie Sells Dallas 