Dallas Area Residential Sales Report for August – Wylie TX

Buyers were loving Wylie in August! Home sales rose 11% and pending sales (that means homes under contract that have not closed yet) climbed 14%. The average sales price was up 4% and the median sales price increased 5%. Now for the negative numbers. New listings declined 11%, Active listings fell 25% as compared to this time last year. This is not good if you are a buyer! The months of inventory is now at 2 months. That’s one of the lowest inventory levels in North Texas.

Sales: 136

Average Sales Price: $319,497

Median Sales Price: $318,000

Pending Sales: 141

New Listings: 133

Active Listings: 235

Months of Inventory: 2

Information provided by The Real Estate Center

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