Dallas Area Residential Sales Report for June – Wylie TX

Sales in the Wylie area fared much better that most of the other norther Dallas suburbs. Sales were only down 1% compared to last June. On the positive side pending sales were up 17% so July sales are looking good.

The average sales price was up 2% and the median sales price increased 3%. Sales prices have been moderating over the last several months.

The number of new listings fell 6%. The active listings increased 19%. I know those numbers seem a little odd, but remember that thy are comparisons to last June and the active listings were very low then. the months of inventory did increase to 2.3 months. With 6 months considered a balanced market, Wylie is still tilted to the sellers side.

Sales: 149

Average Sales Price: $313,861

Median Sales Price: $305,000

Pending Sales: 140

New Listings: 200

Active Listings: 277

Months of
Inventory: 2.3

Information provided by The Real Estate Center

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