Wylie Residential Home Sales For December 2016 Are Down 5.9%

By
Real Estate Broker/Owner with DFW Team Realty
December 2016 Real Estate Market Summary for Wylie, TX (MLS Area 50)
  Month Year to Date
  2016 2015 % Change 2016 2015 % Change
New Listings 95 100 5.3 1545 1416 -8.3
Closed Sales (Reported) 136 128 -5.9 1306 1165 -10.8
Closed Sales (Projected) 136 144 5.8 1306 1181 -9.6
Listings Under Contract 74 86 16.2 1329 1187 -10.7
Average Sales Price $268,489 $278,383 3.7 $250,178 $279,375 11.7
Median Sales Price $255,000 $248,000 -2.7 $230,000 $263,000 14.3
Percent of Original Price Received 98.0 97.3 -0.7 98.7 98.3 -0.4
Days on Market Until Sale 36 35 -2.5 31 34 10.9
Inventory of Homes for Sale 162 163 0.6      
Months Supply of Inventory 1.5 1.7 12.8      

In December 2016 the number of recorded homes sold was 128, a slump of 5.9% compared to the same time of year 2015. Year to date the number of real estate sales recorded was 1165, a drop of 10.8% compared to December 2015. This month there was a rise of 5.8% in projected houses sold in Wylie. There were 144 projected houses sold total this month. Projected home sales year to date in Wylie was 1181, a down-slide of 9.6%. New listings in the market this month was at 100, an improvement of 5.3%. The number of new listings in the market in Wylie year to date was 1416, a fall of 8.3%. This month in Wylie the number of contract listings was 86 total, a rise of 16.2% in contrast to last year. Year to date there was a dip of 10.7% in homes listed under contract in Wylie from 2015. There were 1187 homes listed under contract this year. This month approximate months supply of residential property inventory reached 1.7 total, an increase of 12.8%. Houses for sale on the market this month was at 163, a rise of 0.6%. There were 35 days on market until sale in December 2016, which was a drop of 2.5% from December 2015. In Wylie this month the total percent of list price received saw a slump of 0.7%, with 97.3 percent total. Percent of list price received in Wylie year to date reached 98.3, a fall of 0.4%.

Click here to view homes in Wylie.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Texas Collin County Wylie
Tags:
wylie home value reports
wylie texas market reports

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
771,637

Bob Baesmann

DFW Team Realty | 972-978-8800
Ask me a question
*
*
*
*
Spam prevention