Wylie continues to be attractive to buyers

Dallas Area Residential Sales Report for September – Wylie, TX

Homes sales were only up 3% compared to last September but pending sales climbed 22%. The average sales price increased by 12% and the median sale price rose 11%. As in other areas we saw a decline in the number of new listings with Wylie coming in 15% lower. with new listings not able to keep up with sales the active listings fell by 64% taking the months of inventory down to .08 months. This low inventory will start to effect sales as buyers have a hard time finding that dream home and also find themselves in bidding wars.

Sales: 133

Average Sales Price: $344,437

Median Sales Price: $330,050

Pending Sales: 123

New Listings: 102

Active Listings: 85

Months of Inventory: 0.8

Information provided by The Real Estate Center

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