Wesley Chapel Real Estate Report for February 2007

Posted Mar 13, 2007 @ 9:22 am, Viewed by 900 Visitors, Read 914 Times.

Wesley Chapel real estate seems to be holding its ground relative to the rest of the Tampa Bay market.  While February sales were off in other Tampa markets, Wesley Chapel stayed even in February 2007, compared to February 2006.  There was a slight 4.4% decrease in the average home price.

Inventory remains high with 1,100 Wesley Chapel listings, although this is only slightly ahead of my last post on February 22nd when there were 1,089 active listings.

Wesley Chapel Home Sales for February 2007
  2006 2007 % Change
No. Homes Sold 88 89 1.1%
Average Sales Price $260,233 $248,761 -4.4%
Median Sales Prices $268,515 $215,000 -19.9%
Average Days on Market 51.8 115.2 122.7%
Lowest Sales Price $43,000 $50,700 17.9%
Highest Sales Price $453,883 $1,050,000 131.3%

Wesley Chapel Community Sales for February 2007
Community No. Homes Sold Avg. Sale Price Median Sale Price
Seven Oaks 3 $510,361 $589,900
Meadow Pointe  31  $248,516  $221,000
Lexington Oaks  10  $231,080  $221,450

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

Relocating to Tampa Florida? TampaHomes24-7.com is a one-stop source for all kinds of information related to the Tampa real estate market, including Wesley Chapel real estate.

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Calum

Calum Hi, let me introduce myself, I’m Calum MacKenzie. My wife Kathy and I are Tampa real estate professionals who take our business seriously… okay, so sometimes I’m not so serious, but definitely personally. Read More

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