Dallas Area Residential Sales Report for May – Wylie TX

Dallas Area Residential Sales Report for May – Wylie TX

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Homes sales were up a slight 2% in May as compared to last May. Pending sales came in flat. The average sales price increased 4% but the median sales price fell 2%. New listings were flat. The number of active listings were 23% higher than last May when inventory was low. The months of inventory now stands at 2.5 months. 6 months is considered a balanced market.

Sales: 131

Average Sales Price: $327,881

Median Sales Price: $310,000

Pending sales: 149

New Listings: 175

Active Listings: 286

Months of Inventory: 2.5

Information provided by the Real Estate Center

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