Sales were up
Single-Family:
Sales were up 16% in January. The average sales price increased 7% while the median sales price rose 12%. As in all other areas, the sales are skewed to the upper price ranges. Pending sales jumped a whopping 54% so there is no doubt that February will see good sales gains. The number of new listings dropped 12% and the active listings declined 7%. This reduced the months of inventory to 1.1 months.
It's very much a Seller's Market in Wylie.
Sales : 65
Average Sales Price: $261590
Median Sales Price: 235,000
Pending Sales: 97
New Listings: 92
Active Listings: 117
Months of Inventory: 1.1
Information provided by The Real Estate Center at Texas A&M
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