Wylie, Texas Home Values report for November 2015

In Wylie, 71 houses sold this month, a 25% gain from the previous month. So far this year, houses sold increased 6% compared to the same month last year, with 1,090 properties sold.

There were 99 new listings this month, which is a 50% gain from a month ago. Year-to-date, new housing properties listed have reached 1,449 in all, which is a 15% gain relative to the same period last year. Current listings under contract in Wylie rose 110% this month, with 122 properties currently listed under contract in November of this year. Listed homes under contract so far this year increased 15% compared to the same period last year, with 1,255 houses sold this year. Overall this year, the average home sales price for houses in Wylie was approximately $248,052, which is a 13% gain from a year ago. The average selling price in Wylie went up 22% .

Buyers received 99% of their original price on average year-to-date, which is a 1% gain relative to the same month last year. In November 2015, buyers sold their houses for 98% of their asking price, which is a 0% upturn from last month. The days on market until sale in Wylie rose 11% this month, at 45 days on market until sale. Year-to-date, the number of days on market until sale was approximately 30 days, which is a 18% fall from a year ago. In November 2015, the market supply of homes for houses in Wylie was 152 houses, which is a 3% gain from last month.There was a 1.5 month supply of homes during November. The month supply of homes in Wylie dipped 4% this month.

Wylie real estate information, known as MLS Area 50, is reported by area in the North Texas Real Estate Information System. The information in this report is believed reliable, but is only as accurate as reported by the system in the month of November 2015.

The DFW area is also known as the Dallas Fort Worth Metropolitan Statistical Area, a title designated by the U.S. Census Bureau, which encompasses 12 counties within the state of Texas. The area is divided into two metropolitan divisions: Dallas Plano Irving and Fort Worth. It is comprised of over 70 cities, both incorporated and unincorporated. The DFW Metroplex is, by population, the largest metropolitan area in Texas, the largest in the South, the fourth-largest in the United States, and the tenth-largest in the Americas. The DFW Metroplex encompasses over 9,000 square miles of total area, making it larger in area than the states of Rhode Island and Connecticut, combined. It also has the sixth-largest gross metropolitan product (GMP) in the United States, and is approximately tenth-largest by GMP in the world.

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Wylie Texas Real Estate November 2015

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