Rockwall Real Estate: March 2025 - Increased Choices for Buyers, Adapting for Sellers
- Brandon Scribner
- 7 minutes ago
- 3 min read
The Rockwall County real estate market is showing significant shifts in March 2025, with notable changes in the new build, resale, and lease sectors. Let's explore the key trends.
New Construction Market: Expanding Opportunities with Price Adjustments
The Rockwall County new build market is seeing increased opportunities for buyers, driven by a surge in both active and new listings.
Active listings are up significantly by 45.3% compared to last year.
New listings have also increased by 4.5% year-over-year.
This increase in inventory means buyers have more choices. However, the pricing dynamics are also shifting.
The average price for new builds is $608.96K.
The average sold price is $518.7K.
Key New Construction Market Trends:
Inventory Surge: Active listings have increased substantially (up 45.3% year-over-year).
Price Adjustments: While the average list price is $608.96K, the average sold price is $518.7K.
Market Balancing: The months of supply is 5.1, up 1.1 from last year, indicating a move towards a more balanced market.
Builders Showing Some Flexibility: New builds are still fetching 93.2% of their original list price.
Buyers Taking Their Time: Homes are staying on the market for an average of 109 days, a 43.4% increase from last year.
Resale Market: More Options for Buyers
The Rockwall County resale market is also experiencing considerable changes, largely favoring buyers.
Active listings have surged by 46.8% compared to last year, reaching 637.
New listings have increased by 24.2%.
This growth in inventory provides buyers with a wider selection.
The average price is $640.86K.
The average sold price is $514.8K.
Key Resale Market Trends:
Inventory Surge: Available homes have increased significantly (up 46.8% year-over-year).
Price Trends: The average price is $640.86K, and the average sold price is $514.8K.
Balanced Market: The months of supply is 5.7, a significant jump of 2.2 compared to last year, indicating a shift towards buyer advantage.
Increased Days on Market: Homes are taking longer to sell, with an average of 71 days on market, a 24.6% increase from last year.
Percentage of Original Price Holding Steady: Resale homes are selling for 93.2% of their original list price.
Rental Market: Market Dynamics Shifting
The Rockwall County lease market reveals some interesting shifts.
Active listings have decreased slightly by 3.3% compared to last year.
New listings have increased by 14.6%.
The average price is $2.69K.
The average closed sale price is $2.5K.
Key Rental Market Trends:
Slight Decrease in Active Listings: Available rental listings are down 3.3% year-over-year.
Influx of New Listings: New listings have increased by 14.6%.
Strong Percentage of Original Price Achieved: Lease properties are being rented out for 96.6% of their original listed price.
Months of Supply Remains Low: The months of supply is 1.9.
Properties Leasing Out Faster: The average days on market for lease properties is 58 days.
Overall Market Outlook
The Rockwall County real estate market in March 2025 is characterized by increased inventory in the new build and resale sectors, providing more choices for buyers. The resale market shows dynamics shifting towards buyer advantage due to increased supply and longer market times. The lease market presents a mix of slightly fewer available listings but an increase in new listings, with properties leasing out faster.
Important Note:
This analysis is based on data from NTREIS (North Texas Real Estate Information Systems) as of March 31, 2025. Market conditions can change rapidly, and this report is intended for informational purposes only. It should not be considered a guarantee of future market performance.
