Dallas Area Residential Sales Report for May – Wylie TX

Buyers are out there buying in Wylie! Sales increases 5% in May as compared to last May. The average sales price rose 5% while the median sales price took a 15% jump. Pending sales were off 1%. We did see an increase of 5% in the number of new listings and a 30% rise in the active listings. While these numbers look like a large increase in inventory, you must remember that last Mays inventories were very low. The months of inventory is 1.9 months. Well short of the 6 months considered a balanced market.

Sales: 134

Average Sales Price: $316,041

Median Sales Price: #315,000

Pending Sales: 149

New Listings: 175

Active Listings: 223

Months of Inventory: 1.9

Information provided by The Real Estate Center

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