April 2008
• 8 homes listed on the market in March
• 5 homes sold in the last 6 months
• Average marketing time was 85 days
• Median sales price for detached - $176,956
Numbers can vary from month to month, depending on what homes have been selling, and so it is best to look at trends rather than focus on information during a particular month to better understand the Wylie real estate market.
Also, remember that median prices reflect homes that went under contract (sold) in the last 2-3 months, which means a lag in the data. Finally, marketing times are based on the current listing contract and not a prior contract that may have expired (i.e., actual marketing times might be longer, on average).
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