Wylie Residential Housing Sales For January 2017 Are Higher 23.1%

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

The number of recorded homes sold this month reached 80 total, a gain of 23.1% from 2016. Year to date property sales reported was at 80, an increase of 23.1% in contrast to last year. In January 2017 there were 90 projected home sales, which was a growth of 38.3%. Year to date in Wylie projected home sales reached 90 total, a climb of 38.3%. New units in January 2017 was up 3.3%, with 95 new units total this month. The number of new units in the market in Wylie year to date saw a rise of 3.3%, with 95 new units in the market total this year. This month there was a growth of 2.2% in the number of listings under contract in Wylie compared to last year. There were 94 listings under contract total this month. Year to date there were 94 contract listings, and this was an uptick of 2.2% in contrast to the same period last year. This month there was an increase of 12.9% in approximate months supply of inventory. There were 1.5 approximate months supply of inventory total this month. There was a climb of 1.4% in the number of homes for sale in the market this month. There were 144 homes for sale in the market total this month. In Wylie in January 2017 the number of days on market until sale had a fall of 21.7% from last year, with 36 days total. This month the total percent of asking price received in Wylie saw a drop of 0.4%, with 98.0 percent of asking price received this month. In Wylie year to date the number of percent of original asking price received was down 0.4%, with 98.0 percent of original asking price received this year. Although Wylie holds its own in terms of job prospects, its proximity to major commercial developments and areas of employment such as both the outlying business office buildings of the Dallas with the best design and furniture you should learn more about and Fort Worth central business districts that offer offices for rent and help make Wylie an incredibly attractive residental location.

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Wylie Texas Real Estate January 2017

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