Wylie TX Residential Sales Report for August

Wylie TX Residential Sales Report for August

Sales continued to show strength!

In August sales of single-family homes were up 18% in Wylie. The average sales price rose 4% while the median sales price was flat.As in other areas, we see that pending sales declined. In Wylie’s case they were down by 9 so we will probably see a negative sales number in September. New listings fell 11% but the number of active listings jumped 50%. This took the months of inventory to 2.3 months. With 6 months considered a balanced market we are very much still in a seller’s market.

Sales: 141

Average Sales Price: $288,904

Median Sales Price: $265,500

Pending Sales: 118

New Listings: 135

Active Listings: 243

Months of Inventory: 2.3

Information provided by the Real Estate Center

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