Distressed home sales drop in Wesley Chapel in 2012

The reported distressed sales in the first half of 2012 for single family homes sold in Wesley Chapel made up 54% of the total resales compared to 62% in the second half of 2011. The following chart shows the % of distressed sales for ten Wesley Chapel communities for the 2nd half of 2011 and the first half of 2012 as reported in our local MLS.  Distressed sales are comprised of Foreclosure sales and Short Sales/Pre-foreclosure sales for all reported resales in MLS.

*Information reported in MLS deemed reliable but not guaranteed. New home sales were not included in the calculations.