Wesley Chapel, NC

The 2011 Wesley Chapel NC Real Estate Market—Four Facts

It's time to look at the real estate market in Wesley Chapel NC and to assess how home buyers and home sellers fared in 2011.

Here are four facts about the Wesley Chapel marketplace in 2011.

• Median closed prices improved slightly over the median price in 2010 and substantially over 2009 pricing.
• More homes sold in 2011 than in each of the previous two years.
• New construction accounted for only 5% of the Wesley Chapel market in 2011.
• Approximately 25% of sales were distressed sales in 2011.

What do these four facts mean for Wesley Chapel buyers and sellers?

1. In spite of the number of distressed sales in Wesley Chapel in 2011, the median price remained stable over the past two years.
2. Sellers may find that Wesley Chapel pricing has bottomed.
3. Buyers will not be able to find much choice in new homes in Wesley Chapel.

Want to learn more about the real estate market in Wesley Chapel and see all the numbers for each of the past four years? Click on the link below.

Wesley Chapel NC Real Estate Market Report—Year 2011

Copyright 2012. Carol Fox. Allen Tate Realtors. *The 2011 Wesley Chapel NC Real Estate Market—Four Facts*

Located near Historic Waxhaw, Champion Forest is a community with estate-sized wooded lots with amenities that include a pool, playground and wooded walking trails. Click on the house to find your new home.

Located near the historic town of Waxhaw, Stonegate is a community consisting of 262 homes with amenities that include a Jr. Olympic swimming pool, clubhouse, walking trails and a playground. Click on the house to find your new home.

Champion Forest in Wesley Chapel NC--A Video Tour

One of the best features of Champion Forest is its Wesley Chapel NC location. This luxury community is within walking distance of Union County NC's two newest schools: Cuthbertson Middle School and Cuthbertson High School.

Abundant community shopping is available nearby at the Wesley Chapel Village Commons. Imagine passing rolling wooded hills and horse farms to find two grocery stores, a Target, restaurants, banks, a YMCA branch and more. Drive a couple of miles in the other direction from Champion Forest and you'll arrive in historic Waxhaw with its community festivals, antiques and arts shops and farmers market.

Champion Forest homes are located on half acre to acre lots. Neighborhood preservation areas have walking trails and there is a community swimming pool.

Watch this video of Champion Forest in Wesley Chapel NC to learn more about the neighborhood.

Want to learn more about other Wesley Chapel neighborhoods and homes for sale? Visit www.CarolinaSmallTownLiving.com.

Copyright 2011. Carol Fox. Allen Tate Realtors. *Champion Forest in Wesley Chapel NC--A Video Tour*

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

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*