Sales and Pending Sales up Strongly!
Single-Family:
Sales of single-Family homes rose 16% in Wylie in February. The average sales price was up 7% while the median sales price climbed by 12%. Pending sales were up a whopping 54%. Looks like March sales will be big. The number of new listings declined by 12% and the active listings by 7%. The months of inventory fell to 1.1 months. A normal supply is 6 months so you can see how difficult it is for a buyer to find a home.
Sales: 65
Average Sales Price: $261,500
Median Sales Price: $235,000
Pending Sales: 97
New Listings: 92
Active Listings: 117
Months of Inventory: 1.1
Information provide by The Real Estate Center at Texas A&M.
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