Dallas Area Residential Sales Report for March – Wylie TX

Wylie home sales were up 12% in March as compared to the same period last year. The average sales price declined 6% and the median sales price dropped 1%. To soon to tell if this is a blip or a trend. The pending sales numbers are a little disturbing. Down 12%. Does not bode well for April Sales. New listings retreated 16% and the active listings declined 8% taking the months of inventory down to 1.5 months. Not good news for buyers.

Sales: 110

Average Sales Price: $404,512

Median Sales Price: $350,000

Pending Sales: 102

New Listings: 157

Active Listings: 181

Months of Inventory: 1.5

Information Provided by The Real Estate Center

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