Dallas Area Residential Sales Report for February – Wylie TX

Dallas Area Residential Sales Report for February – Wylie TX

Sales were good in Wylie during February with a 15% increase as compared to last February. the average sales price rose 6% while the median sales price was also up 6%. Pending sales climbed 9% so March is looking like a positive sales month. The number of new listings fell 5%. Not helpful. The active listings jumped 19% but this is coming off last February when listings were very, very low. The months of inventory stands at 1.6 months. 6 months is considered a balanced market. We are not in a balanced market. Wylie is heavy tilted to the sellers side.

Sales: 98

Average Sales Price: $311,940

Median Sales Price: $292,500

Pending Sales : 120

New Listings: 120

Active Listings: 185

Months of Inventory: 1.6

Information provided by The Real Estate Center

#marieselldallas #Wylie #Wyliehomevalues #Wylierealestate #wyliehomesforsale #WylieTX

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