The above chart reflects the reported 2011 single family home sales by category for many of the larger communities in Wesley Chapel. Green reflects the percentage of normal sales; red, REO/Foreclosures and Orange, Short Sales.
Distressed sales (Short Sales & REO/Foreclosures) made up a larger market share in Wesley Chapel in 2011 single family home sales than neighboring New Tampa. Overall, 56% of the reported single family home sales in Wesley Chapel were distressed sales. This compares to a substantially lower 32% in New Tampa.
Currently 59% of the Wesley Chapel single family homes listed for sale in our MLS are normal sales, 34% are Short Sales, and 7% are REO/Foreclosures.
*Information in MLS deemed reliable but not guaranteed.