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Wesley Chapel NC Real Estate Market Report--2009

Wesley Chapel NC Real Estate Market Report—2009

How did the Wesley Chapel NC real estate market fare in 2009 and how did it compare with 2008? 

The 2009 Wesley Chapel NC real estate market reflected the market in Charlotte and surrounding areas.  Single family average sales prices were down about thirteen percent from 2008, an indication that first time home buyers dominated the marketplace.  The number of homes sold in 2009 did not change much from 2008, with only 7% fewer homes sold.  Time on the market decreased for Wesley Chapel sellers with days on market down 16%.

Wesley Chapel NC Average Real Estate Prices, Homes Sold, and Average Days on Market

The chart below shows average sales prices in Wesley Chapel NC for single family homes in 2008 and 2009 plus each 2009 quarter.

Single Family Homes in Wesley Chapel NC

2008 Average Sales Price:  $345,851      2009 Average Sales Price:  $300,505    Year-to-Year Change:  -13%

2008 Number of Homes Sold:  40        2009 Number of Homes Sold:  37      Year-to-Year Change:  -7%

2008 Average Days on Market:  133        2009 Average Days on Market:  111      Year-to-Year Change:  -16%

Most Active Neighborhoods in Wesley Chapel NC 2009

The most active Wesley Chapel NC neighborhoods are listed below.  Click on each neighborhood to get a detailed description of the neighborhood, a summary of 2009 real estate activity and search for current homes for sale.

Stonegate

Champion Forest

Copyright 2010.  Carol Fox.  Allen Tate Realtors.  *Wesley Chapel NC Real Estate Market Report—2009*

Posted: Saturday, January 16, 2010 7:12 PM by Carol Fox

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