Wesley Chapel Real Estate Stats for July 2007
The Wesley Chapel real estate market was probably the last area to start seeing declines. ack in November 2006 when other Tampa markets were truly down, Wesley Chapel seemed to holding its own. Now, while other areas are showing some minor improvements, Wesley Chapel continues to decline. The one positive sign is that inventory is not increasing; there are currently 1,071 homes for sale in Wesley Chapel, compared to 1,075 back in June.
The highest priced Wesley Chapel home sold in July was a 4 bedroom, 3 bath single family home with 3,344 sq.ft. in Seven Oaks. The lowest priced home was a manufactured home in Timber Lake Estates.
Wesley Chapel Home Sales for July 2007
|No. Homes Sold||104||79||-24.0%|
|Average Sales Price||$276,966||$244,893||-11.6%|
|Median Sales Prices||$259,005||$229,000||-11.6%|
|Average Days on Market||67.9||107.7||58.7%|
|Lowest Sales Price||$70,000||$42,000||-40.0%|
|Highest Sales Price||$900,000||$550,000||-38.9%|
All data taken from the Greater Tampa Association Realtors MLS and deemed reliable, but not guaranteed