Dallas Area Residential Sales Report for November – Wylie TX

Dallas Area Residential Sales Report for November – Wylie TX

Well what can you say except the buyers weren’t buying in November. Home sales fell 27% and pending sales dropped 21%. The average sales price declined 1%. Median sales price was down 2%. New listings were down 21% compared to last November and the number of active listings were also down 21%. The months of inventory now stands at 1.8 months. That’s very low considering 6 months is considered a balanced market. not good news for buyers.

Sales: 79

Average Sales Price: $295,988

Median Sales Price: $294,000

Pending Sales: 90

New Listings: 93

Active Listings: 206

Months of Inventory: 1.8 months

Information provided by The Real Estate Center

#WylieTX #WylieHomes

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.