Wylie Residential Housing Sales For January 2017 Are Higher 23.1%

By
Real Estate Broker/Owner with DFW Team Realty
January 2017 Real Estate Market Summary for Wylie, TX (MLS Area 50)
  Month Year to Date
  2017 2016 % Change 2017 2016 % Change
New Listings 92 95 3.3 92 95 3.3
Closed Sales (Reported) 65 80 23.1 65 80 23.1
Closed Sales (Projected) 65 90 38.3 65 90 38.3
Listings Under Contract 92 94 2.2 92 94 2.2
Average Sales Price $261,695 $285,899 9.2 $261,695 $285,899 9.2
Median Sales Price $232,000 $258,500 11.4 $232,000 $258,500 11.4
Percent of Original Price Received 98.4 98.0 -0.4 98.4 98.0 -0.4
Days on Market Until Sale 46 36 -21.7 46 36 -21.7
Inventory of Homes for Sale 142 144 1.4      
Months Supply of Inventory 1.3 1.5 12.9      

This month recorded homes sold was at 80, an increase of 23.1% relative to 2016. Year to date properties sold climbed 23.1% from the same month 2016, with 80 properties sold total this year. In January 2017 in Wylie projected homes sold saw an increase of 38.3%, with 90 projected total. In Wylie there were 90 projected real estate sales year to date, and this was a climb of 38.3%. There was a growth of 3.3% in new homes in January 2017. There were 95 new homes total this month. There were 95 newly listed houses in the market year to date, which was a rise of 3.3%. In Wylie in January 2017 the number of contract listings reached 94, a hike of 2.2% compared to 2016. There were 94 listings under contract year to date, which was a climb of 2.2% compared to the same period last year. In January 2017 there was a growth of 12.9% in the number of months supply of inventory in Wylie. There were 1.5 months supply of inventory total this month. In January 2017 in Wylie housing units for sale on the market reached 144 total, a growth of 1.4%. In Wylie there was a down-slide of 21.7% in days on market until sale in January 2017 in contrast to the same period 2016. There were 36 days on market until sale total this month. In January 2017 percent of original asking price received saw a down-slide of 0.4%, with 98.0 percent of original asking price received this month. Year to date the number of percent of list price received was at 98.0 total, a dip of 0.4%.

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Bob Baesmann

DFW Team Realty | 972-978-8800
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