Dallas Area Residential Sales Report for May – Wylie, TX

Wylie has one of the lowest supply of available homes in the area.

Single family homes sales rose 3% as compared to last May. However, pending sales were down10%. The average sales price climbed 19% while the median sales price came in with a 127% rise. New listings increased by 22% but with all the sales the number of active listings fell 69% taking the months of inventory down to 0.4 months. That means that at the current pace of sales all of the homes now listed were be sold in 12 days.

Sales: 102

Average Sales Price: $389,337

Median Sales Price: $380,000

Pending Sales: 152

New Listings: 165

Active Listings: 48

Months of Inventory: 0.4 months

Information provided by The Texas Real Estate Center

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