Rockport home sales March up in 2015: Swearingen
ROCKPORT – The Swearingen Report for residential homes has been released for the 12 months ending March 2015 by Coldwell Banker The Ron Brown Company.
The average sales price for residential homes was $252,270, up 0.1 percent versus March 2014 when it was $252,083.
The median price of residential homes was $190,000, versus March 2014 when it was $185,000, an increase of 2.7 percent.
Total sales of residential homes for Rockport MLS for March 2015 was 524, a decrease of 0.6 percent (3 homes) versus March 2014.
The average Days on Market for residential homes for March 2015 was 173, 7.5 percent shorter than the same period last year.
Months inventory estimates the number of months it will take to deplete current active inventory based on the prior three months sales activity. This figure is representative of the single-family and condo/townhouse market. Six (6) months of inventory is considered a balanced market.
All Categories* | 12 Months Ending Mar. 2014 | 12 Months Ending Mar. 2015 | Chg. |
Residential property sales | 527 | 524 | -0.6% |
Residential total dollar volume | $132,847,522 | $132,189,380 | -0.5% |
Average residential sales price | $252,083 | $252,270 | 0.1% |
Median residential sales price | $185,000 | $190,000 | 2.7% |
Total active listings end of month | 389 | 338 | -13.1% |
Months inventory** | 10.3 | 10.0 | -2.9% |
*Figures refer to the single-family and condo/townhome market.
**Six (6) months of inventory is considered a balanced market.
In This Article
You might also like
Publications
Receive our economic and housing reports and newsletters for free.