Thursday, October 04, 2012
Wesley Chapel home prices up over 2011
Additionally, the total percentage of distressed sales (57%) of single family homes sold in September compared to a year ago remained virtually unchanged:
Short Sales/Pre-foreclosures - 45%
REO/Foreclosures - 12%
It's interesting to note that currently only 34% of the single family homes listed for sale in MLS and not under contract are distressed sales (Short Sales & Reo/foreclosures). Higher sales prices and fewer distressed homes on the market are encouraging signs of a recovering housing market.
Homes for sale in Wesley Chapel from $150,000 to $788,523.