March 2007 Wesley Chapel Real Estate Report

I guess I spoke too soon last month when I stated Wesley Chapel seemed to be fairing well, because this month (March 2007) sales were down 23% , compared to March 2006.  The average home price was down 7% for the same period.

In the Wesley Chapel Community of Seven Oaks there were 13 homes sold in March 2007, compared to 11 in March 2006. The average home price in March 2007 was $381,515. 

In Meadow Pointe there were 34 homes sold in March 2007, down from 56 in 2006.  The average price for a home in Meadow Pointe in March 2007 was $237,502.

Inventory remains high with 1,109 Wesley Chapel listings, although this is only slightly ahead of my last post on March 13th when there were 1,100 active listings.

All data taken from the Greater Tampa Association Realtors MLS and deemed reliable, but not guaranteed.

• Wesley Chapel Real Estate
• Seven Oaks Real Estate
• Meadow Pointe Real Estate

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