Dallas Area Residential Sales Report for January - Wylie TX
Well what can I say! Home Sales were up 30% in Wylie. Looks like all the buyers in other areas headed to Wylie to buy homes. Pending sales also came in with an 8% increase so Febuary is looking good for the Wylie area. Perhaps the average sales price being down 13% had something to do with the good sales numbers. The median sales price retreated 11%. The new listings fell 20% while the active listings increased 28%. The number that you need to look at is the months of inventory which is now at 2 months. Not much of a supply!
Sales: 70
Average Sales Price: $278,283
Median Sales Price: $257,000
Pending Sales: 96
New Listings: 117
Active Listings: 232
Months of Inventory: 2
Information provided by The Real Estate Center
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