Ken Oenbrink - NTX Property Watch Report

Wylie, TX

Single-Family Homes

Call or Text 972-816-1660 ken.oenbrink@gmail.com



Wylie, TX

Mon Jan 20 2020
This week the median list price for Wylie, TX is $355,502 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 153. Click here to stay informed with the Wylie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Wylie, TX

Mon Jan 20 2020
This week the median list price for Wylie, TX is $355,502 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has held steady at or around 153. Click here to stay informed with the Wylie market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Wylie market.
Median List Price $355,502
Per Square Foot $137
Days on Market 93
Price Decreased 46%
Price Increased 16%
Relisted 7%
Inventory 153
Median Rent $1,795
Most Expensive $824,998
Least Expensive $104,000
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$446,812 3,358 8,000 - 10,000 sqft 4 3 1 4 2 88
$377,331 2,837 8,000 - 10,000 sqft 4 3 1 2 4 87
$337,110 2,440 6,500 - 8,000 sqft 4 2 1 0 6 108
$253,900 1,942 6,500 - 8,000 sqft 4 2 17 8 11 86