Dallas Area Residential Sales Report for February - Wylie TX
Sales were good in Wylie during February with a 15% increase as compared to last February. the average sales price rose 6% while the median sales price was also up 6%. Pending sales climbed 9% so March is looking like a positive sales month. The number of new listings fell 5%. Not helpful. The active listings jumped 19% but this is coming off last February when listings were very, very low. The months of inventory stands at 1.6 months. 6 months is considered a balanced market. We are not in a balanced market. Wylie is heavy tilted to the sellers side.
Sales: 98
Average Sales Price: $311,940
Median Sales Price: $292,500
Pending Sales : 120
New Listings: 120
Active Listings: 185
Months of Inventory: 1.6
Information provided by The Real Estate Center
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