Wylie TX Residential Sales Report for January
Sales were up a sharp 36% in Wylie as comp[aired to last January. The average sales price increased 12% and the median sales price increases 10%. Pending sales dropped 1%. The number of new listings declined 4% but the active listings rose 10%. this increased the months of inventory to 1.3 months. This is still well short of the 6 months that is normally considered a balanced supply.
60% of the listings in MLS are new construction.
Average Sales Price: $290,236
Median Sales Price: $260,500
Pending Sales: 96
New Listings: 88
Active Listings: 129
Months of Inventory: 1.4
Information provided by The Real Estate Center