Wylie Residential Home Sales For February 2016 Are Up 18%

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

Units sold in Wylie in February 2016 showed a rise of 18% from 2015, with 72 sold total. The number of reported housing units sold in Wylie year to date gained 15.4% in contrast to the same month last year, with 135 reported housing units sold total this year. In Wylie there were 81 projected residential property sales this month, which was a climb of 32.6%. In Wylie there were 144 projected houses sold year to date, which was an uptick of 23%. This month there was a growth of 27.9% in the number of new homes in Wylie. There were 110 new homes total this month. Year to date the number of new listings in the market experienced an improvement of 5.8%, with 202 new on the market total this year. The number of contract listings this month was down 7% from 2015, with 80 contract listings this month. The number of homes listed under contract year to date was at 171, a growth of 6.9% from 2015. In February 2016 there was a dip of 1.5% in approximate months supply of properties on the market in Wylie. There were 1.3 approximate months supply of properties on the market total this month. Houses for sale in the market in Wylie in February 2016 reached 144 total, a climb of 12.5%. This month there were 34 days on market until sale in Wylie, which was a decline of 6.2% relative to last year. Percent of original list price received this month stayed flat, with 98.5 percent of original list price received this month. Percent of original list price received year to date was up 0.7%, with 98.5 percent of original list price received this year.

You can register on our website to have monthly updates on your city and neighborhood automatically emailed to you from DFW Team Realty. Search Wylie Texas homes, foreclosures, and short sales to find homes in Wylie. This service is FREE and available without any obligation from DFWTeamRealty.com.

Wylie Texas Real Estate February 2016

By

Close
Please support the site
By clicking any of these buttons you help our site to get better

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services