Dallas Area Residential Sales Report for February – Wylie, TX

Sales down prices up sharply!

It’s hard to tell hw much the weather or buyers just couldn’t find a home to by due to the shortage of supply that caused the 39% decline in home sales or the 27% decline in pending sales. The average sales price rose 15% while the medina sales price increased 9%. New listings came in with a 36% decline. Active listings fell 87% taking the months of inventory down to 0.2 months. I don’t know how the inventory could get much lower buy then again I have never seen it this low in all my years selling homes.

Sales: 61

Average Sales Price: $366,611

Median Sales Price: $344,250

Pending Sales: 80

New Listings: 77

Active listings: 24

Months of inventory: 0.2

Information provided by the Real Estate Center

#mariesellsdallas #RealEstateWylie #HomesForSaleWylie