Dallas Area Residential Sales Report for July – Wylie, TX
Prices continue to rise as sales slow.
Home sales fell 19% in the Wylie area as compared to last July. Pending sales dropped 7%. The average sales price rose 27% while the median sales price climbed 28%. No help for buyers with the new listings being down 9%. Active listings came in with a 42% decline. The months of inventory now stands at 0.7 months. 6 months is considered a balanced market.
Average Sales Price: $433,653
Median Sales Price: $425,000
Pending Sales: 114
New Listings: 132
Active Listings: 70
Months of inventory: 0.7 months
Information provided by the Real Estate Center
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