Sales fell 13% in August compared to a year ago. The average sales price increased 10% while the median sales price jumped 13%. As in other areas, the sales remain concentrated in the upper price ranges. Pending sales declined a smaller 2%. The number of new listings dropped 7% while the active listings plunged a minus 25%. These declined dropped the months of inventory to 1.6 months. There is no doubt that Wylie remains very much a Seller's Market.
Sales: 122
Average Sales Price: $279,598
Median Sales Price: 265,000
Pending Sales: 130
New Listings: 152
Active Listings: 162
Months of Inventory: 1.6
Information provided by The Real Estate Center at Texas A&M
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