Ken Oenbrink - NTX Property Watch Report

Wylie, TX

Single-Family Homes

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



Wylie, TX

Sat Sep 21 2019
This week the median list price for Wylie, TX is $343,289 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 220. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Wylie, TX

Sat Sep 21 2019
This week the median list price for Wylie, TX is $343,289 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has held steady at or around 220. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Wylie market.
Median List Price $343,289
Per Square Foot $130
Days on Market 74
Price Decreased 61%
Price Increased 4%
Relisted 8%
Inventory 220
Median House Rent $1,800
Most Expensive $790,000
Least Expensive $99,500
Market Action Index
Slight Seller's Advantage
42

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$449,990 3,429 8,000 - 10,000 sqft 4 3 1 2 3 80
$367,300 2,836 8,000 - 10,000 sqft 4 3 0 10 0 75
$313,000 2,432 8,000 - 10,000 sqft 4 2 12 7 7 65
$244,900 1,817 6,500 - 8,000 sqft 3 2 16 4 14 77