Hello everyone, I’m Marie Walton, a REALTOR® with Ebby Halliday REALTORS. Today, I’m here to provide you with an update on the current real estate market in Wylie, Texas as of August 2024.
Currently, we have a 4.75 Months Supply of Inventory in Wylie. This means that at the current pace of sales, it would take approximately 4.75 months to sell off all the available homes on the market. Over the last 12 months, we have seen a 42.64% increase in Months Supply of Inventory, indicating a shift towards a more balanced market.
The List to Sold Price percentage in Wylie is currently at 98.5%. This means that on average, homes are selling for 98.5% of their list price. This is a strong indicator of a competitive market where sellers are able to command a high percentage of their asking price.
The median days on market in Wylie is 43 days. This means that half of the homes on the market sell within 43 days. This is a relatively quick turnaround time, indicating strong demand for homes in the area.
The median sold price in Wylie is currently $467,500. This represents the midpoint of all home sales in the area, with prices ranging from below this figure to above it. It’s important to note that this is just a snapshot of the market, and prices can vary depending on the specific neighborhood and property characteristics.
Thank you for dropping in on this market update. If you’re considering buying or selling a home in Wylie, Texas, now is a great time to make a move. Feel free to reach out to me at the email or phone number below for personalized assistance and guidance. Until next time, happy house hunting!
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Marie Sells Dallas 