Priced jump as inventory declines.
Dallas Area Residential Sales Report for January -Wylie, TX
Home sales shot up 26% as compared to last January. However pending sales fell 36% as buyers ran out of homes to purchase. The average sales price was up 17% while the median sales price rose 12%. We’re getting no help from sellers even with record high prices as new listings declined 38%. The amount of active listings is now 82% lower than last year! The months of inventory is 0.3 months.
Average Sales Price: $359,993
Median Sales Price: $337,000
Pending Sales: 77
New Listings: 70
Active Listings: 31
Months of Inventory: 0.3
Information provided by The Real Estate Center
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