Wesley Chapel NC Real Estate Market Report--July-September 2011
Wesley Chapel NC Real Estate Market Report—July-September
2011
The median sales price in Wesley
Chapel NC dropped in the third quarter of 2011 to first quarter levels after
rising in the second quarter. The number of homes sold increased to the highest
rate of the year. Days on market remained stable at three months.
What do the third quarter 2011 numbers mean for Wesley Chapel NC
buyers and sellers?
- Sellers in Wesley Chapel are seeing lower prices than in 2010.
- Housing remains more affordable for buyers in Wesley Chapel than recent
years.
Single Family Homes
| Wesley Chapel Single Family Homes |
Year 2008 |
Year 2009 |
Year 2010 |
Quarter 1 Year 2011 |
Quarter 2 Year 2011 |
Quarter 3 Year 2011 |
| Median Sales Price |
$339,000 |
$265,000 |
$299,000 |
$275,000 |
$315,000 |
$275,000 |
| Number of Homes Sold |
38 |
33 |
29 |
7 |
9 |
11 |
| Median Days on Market |
52 |
35 |
96 |
99 |
89 |
91 |
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Wesley Chapel Third Quarter
2011
The following neighborhoods had the most sales activity during the third
quarter.
Price Mill
Copyright 2011. Carol Fox. Allen Tate Realtors. *Wesley Chapel NC
Real Estate Market Report—July-September 2011*