Wylie TX Residential Sales Report for May
Sales are jumping in Wylie
May saw a 50% increase in Sales over the same period last year. The average sales price rose 9% and the median sales price climber 3%. No sold down in the pending sales number either, It was up 98% so we can be sure that next months sales will certainly be up! The number of new listings increased 82% while the active listings were up a hearty 32%, Unfortunately, is you are a buyer, a number of these new listings are already under contract and are showing up in the pending sales numbers. The months of inventory now stands at 1.8 months. With 6 months being a balanced market we are deep into a sellers market.
Sales: 151
Average Sales Price: $301,352
Median Sales Price: $272,750
Pending Sales: 151
New Listings: 167
Active Listings: 172
Months of Inventory: 1.8
Information provided by The Real Estate Center
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