Wesley Chapel Real Estate Report for February 2007
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.
| 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% |
| 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.
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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… oka... Read More
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