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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. Wesley Chapel NC Real Estate Market 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*

Posted Friday Oct 14