Ken Oenbrink - NTX Property Watch Report

Wylie, TX

Single-Family Homes

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



Wylie, TX

Tue Feb 19 2019
This week the median list price for Wylie, TX is $358,888 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 207. Click here to stay informed with the Wylie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Wylie, TX

Tue Feb 19 2019
This week the median list price for Wylie, TX is $358,888 with the market action index hovering around 37. This is an increase over last month's market action index of 36. Inventory has held steady at or around 207. Click here to stay informed with the Wylie market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Wylie market.
Median List Price $358,888
Per Square Foot $132
Days on Market 96
Price Decreased 36%
Price Increased 6%
Relisted 7%
Inventory 207
Median House Rent $1,750
Most Expensive $999,000
Least Expensive $175,000
Market Action Index
Slight Seller's Advantage
37

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
$469,660 3,599 0.25 - 0.5 acre 4 3 2 3 2 128
$379,945 2,961 8,000 - 10,000 sqft 4 3 1 7 2 86
$338,251 2,408 6,500 - 8,000 sqft 4 2 1 4 8 91
$262,000 2,143 8,000 - 10,000 sqft 4 2 16 5 9 81