Single-Family:

Sales fell 13% in August compared to a year ago. The average sales price increased 10% while the median sales price jumped 13%. As in other areas, the sales remain concentrated in the upper price ranges. Pending sales declined a smaller 2%. The number of new listings dropped 7% while the active listings plunged a minus 25%.  These declined dropped the months of inventory to 1.6 months. There is no doubt that Wylie remains very much a Seller’s Market.

Sales: 122

Average Sales Price: $279,598

Median Sales Price: 265,000

Pending Sales: 130

New Listings: 152

Active Listings: 162

Months of Inventory: 1.6