Sales were up

Single-Family:

Sales were up 16% in January. The average sales price increased 7% while the median sales price rose 12%. As in all other areas, the sales are skewed to the upper price ranges. Pending sales jumped a whopping 54% so there is no doubt that February will see good sales gains. The number of new listings dropped 12% and the active listings declined 7%. This reduced the months of inventory to 1.1 months.

It’s very much a Seller’s Market in Wylie.

Sales : 65

Average Sales Price: $261590

Median Sales Price: 235,000

Pending Sales: 97

New Listings: 92

Active Listings: 117

Months of Inventory: 1.1

Information provided by The Real Estate Center at Texas A&M