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Wesley Chapel NC Real Estate Market Report--April-June 2011

Wesley Chapel NC Real Estate Market Report—April-June 2011

If you like a rural atmosphere but convenient access to shopping and services, you’ll love Wesley Chapel NC. The Wesley Chapel Village Commons with its grocery stores, Target and other shops, banks and restaurants is the center of this village that requires half acre lots and larger. The Wesley Chapel real estate market improved in the the second quarter of 2011. The median sales price jumped 14.5% over the first quarter of 2011. Nine homes sold during the quarter and median days on market dropped 10.1%.

What do the second quarter 2011 numbers mean for Wesley Chapel buyers and sellers?

  • Sellers in Wesley Chapel may find the market improving as more buyers mean stabilizing prices and fewer days on market.
  • Buyers for properties in Wesley Chapel may gain confidence from increasing prices in the village.

Single Family Homes

Wesley Chapel Single Family HomesYear 2008Year 2009Year 2010Quarter 1 Year 2011Quarter 2 Year 2011
Median Sales Price$339,000$265,000$299,000$275,000$315,000
Number of Homes Sold38332979
Median Days on Market5235969989

Source: Carolina Multiple Listing Service

Most Active Neighborhoods in Wesley Chapel Second Quarter 2011

The following neighborhoods had the most sales activity during the second quarter. Click on the neighborhood for more information and a list of homes for sale.

Champion Forest

Potters Trace

Copyright 2011. Carol Fox. Allen Tate Realtors. *Wesley Chapel NC Real Estate Market Report—April-June 2011*

Posted: Thursday, July 07, 2011 10:02 AM by Carol Fox

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