Wylie TX Residential Sales Report for May

Wylie TX Residential Sales Report for May

Sales are jumping in Wylie

May saw a 50% increase in Sales over the same period last year. The average sales price rose 9% and the median sales price climber 3%. No sold down in the pending sales number either, It was up 98% so we can be sure that next months sales will certainly be up! The number of new listings increased 82% while the active listings were up a hearty 32%, Unfortunately, is you are a buyer, a number of these new listings are already under contract and are showing up in the pending sales numbers. The months of inventory now stands at 1.8 months. With 6 months being a balanced market we are deep into a sellers market.

Sales: 151

Average Sales Price: $301,352

Median Sales Price: $272,750

Pending Sales: 151

New Listings: 167

Active Listings: 172

Months of Inventory: 1.8

Information provided by The Real Estate Center

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