Tuesday, November 05, 2013
Wesley Chapel real estate report for November 2013
The total number of reported sales for single family homes in Wesley Chapel in October was 66 which is down 12% from a year ago. The average sales price was $209,490 which is up 8.5% from last October.
The percentage of distressed single family home sales for the month also showed a decline. In October 2012 37% of the reported sales were distressed compared to 20% last month. Cash sales represented 36% of all sales compared to 32% a year ago.
Lastly, 59% of the reported sales were below $200,000.
With just under 300 homes listed for sale, there is plenty of inventory on the market.