Special offer

Wylie Home Sales For February 2016 Are Up 18%

By
Real Estate Broker/Owner with DFW Team Realty
February 2016 Real Estate Market Summary for Wylie, TX (MLS Area 50)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
Closed Sales (Reported) 61 72 18.0 117 135 15.4
Closed Sales (Projected) 61 81 32.6 117 144 23.0
Listings Under Contract 86 80 -7.0 160 171 6.9
Average Sales Price $243,621 $262,208 7.6 $244,446 $261,735 7.1
Median Sales Price $224,900 $237,625 5.7 $217,000 $235,000 8.3
Percent of Original Price Received 98.4 98.5 0.0 97.8 98.5 0.7
Days on Market Until Sale 36 34 -6.2 35 40 13.1
Inventory of Homes for Sale 128 144 12.5      
Months Supply of Inventory 1.3 1.3 -1.5      

In February 2016 reported houses sold in Wylie was higher 18% in contrast to 2015, with 72 reported houses sold this month. In Wylie there were 135 housing sales recorded year to date, and this was a climb of 15.4% compared to February last year. The number of projected residential housing sales in February 2016 in Wylie was at 81, an increase of 32.6%. Year to date the number of projected homes sold underwent a climb of 23%, with 144 projected total this year. In February 2016 there was an improvement of 27.9% in new listings in the market. There were 110 new listings in the market total this month. There were 202 new property listings year to date, and this was a hike of 5.8%. In February 2016 there were 80 contract listings in Wylie, which was a decrease of 7% relative to 2015. The number of homes listed under contract year to date reached 171 total, a growth of 6.9% from February last year. In Wylie there was a dip of 1.5% in months supply of inventory this month. There were 1.3 months supply of inventory total this month. The number of homes for sale this month in Wylie grew 12.5%, with 144 homes for sale total this month. This month there were 34 days on market until sale, and this was a dip of 6.2% compared to February last year. In February 2016 in Wylie the total percent of original list price received was 98.5, no difference. The number of percent of asking price received year to date in Wylie had an increase of 0.7%, with 98.5 percent total this year.

Click here to view homes in Wylie.