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Wesley Chapel NC Real Estate Market Report--July-September 2010

Wesley Chapel NC Real Estate Market Report—July-September 2010

How did the Wesley Chapel NC real estate market fare during the third quarter of 2010 and how did it compare with 2009?

More homes in the higher price ranges were selling in Wesley Chapel NC during the third quarter of 2010 compared with the second quarter and with 2009.  The third quarter average sales price was up 31% over the second quarter and up 27% from the average sales price in 2009.  The dramatically higher average sales price most likely is reflective of the end of the federal tax credit stimulus and the lower interest rates that have helped the luxury home market.  The number of homes sold dropped 21% in the third quarter compared with the second quarter.

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

Single Family Homes in Wesley Chapel NC

2009 Average Sales Price:  $300,505   January-March 2010 Average Sales Price:  $283,712    June-April 2010 Average Sales Price:  $291,535  July-September 2010 Average Sales Price:  $382,044  

2009 Number of Homes Sold:  37       January-March 2010 Number of Homes Sold:  10    June-April 2010 Number of Homes Sold:  14  July-September 2010 Number of Homes Sold:  11

2009 Average Days on Market:  111    January-March 2010 Days on Market:  116   June-April 2010 Days on Market:  100   July-September 2010 Days on Market:  91 

Most Active Neighborhoods in Wesley Chapel NC

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.

Champion Forest

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

Posted: Thursday, November 04, 2010 10:45 AM by Carol Fox

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