As of March 2008, the number of new listings is down 33% from one year ago. If you are looking to sell, this is a good thing because you'll have less competition. If you're looking to buy, there is less on the market this year than last.
Closed sales reported are down 10.4%, the average sales price is down 1%, the percent of original list price received at sale is down .8%, average days on market is up 11.4% and in March there was an inventory surplus of 502 homes.
Currently, there is about 6.5 months supply of inventory in Rowlett. Six months is what's considered "normal," so this is looking good.
Hope this helps,