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.

Sales: 87

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