Dallas Area Residential Sales Report for February – Wylie TX

Wylie followed most of the other Northern Dallas suburbs with declining homes sales in February.  Down 7%. Pending sales saw a fall off of 14%. The average sales price was flat while the median sales price rose 6%. Sales were tilted to the upper price ranges. New listings dropped 9%. No help there for buyers. Active listings did rise 21% but this is primarily due to the slowing sales. The months of inventory is now at 1.9 months. still a very low number.

Sales: 87

Average Sales Price: $310,054

Median Sales Price: $311,500

Pending Sales: 103

New Listings: 109

Active Listings: 224

Months of Inventory: 1.9

Information provided by The Real Estate Center

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