Dallas Area Residential Sales Report for May – Wylie TX

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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