Dallas Area Residential Sales Report for July – Wylie TX

Sales were up 4% in the Wylie area for July. The average sales price rose 5% and the median sales price increased 7%. somewhat troubling was the pending sales number. It was down 12%. not a good sign for August sales. New listings climbed 14% while the active listings jumped 30%. The months of inventory increased to 2.6 months which is still  well short of the 6 months considered a balanced market.

Sales: 134

Average Sales Price: $316,730

Median Sales Price: $305,000

Pending Sales: 129

New Listings: 191

Active Listings: 305

Months of Inventory: 2.6

Information provided by The Real Estate Center

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