Wesley Chapel NC Real Estate Market Report—July-September 2011
The median sales price in Wesley Chapel NC dropped in the third quarter of 2011 to first quarter levels after rising in the second quarter. The number of homes sold increased to the highest rate of the year. 
Days on market remained stable at three months.
What do the third quarter 2011 numbers mean for Wesley Chapel NC buyers and sellers?
- Sellers in Wesley Chapel are seeing lower prices than in 2010.
- Housing remains more affordable for buyers in Wesley Chapel than recent years.
Single Family Homes
| Wesley Chapel Single Family Homes | Year 2008 | Year 2009 | Year 2010 | Quarter 1 Year 2011 | Quarter 2 Year 2011 | Quarter 3 Year 2011 |
| Median Sales Price | $339,000 | $265,000 | $299,000 | $275,000 | $315,000 | $275,000 |
| Number of Homes Sold | 38 | 33 | 29 | 7 | 9 | 11 |
| Median Days on Market | 52 | 35 | 96 | 99 | 89 | 91 |
Source: Carolina Multiple Listing Service
Most Active Neighborhoods in Wesley Chapel Third Quarter 2011
The following neighborhoods had the most sales activity during the third quarter.
Price Mill
Copyright 2011. Carol Fox. Allen Tate Realtors. *Wesley Chapel NC Real Estate Market Report—July-September 2011*
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The Wesley Chapel real estate market improved in the the second quarter of 2011. The median sales price jumped 14.5% over the first quarter of 2011. Nine homes sold during the quarter and median days on market dropped 10.1%.
There aren’t many sales in this small town each year. There were only seven sales during the first quarter of 2011 in Wesley Chapel. The median price in the first quarter was 8% lower than the median price in 2010 but 3.7% higher than the median price in 2009. Median days on the market were up slightly over 2010 numbers.
Wesley Chapel is a small, mostly rural village so there aren’t many sales per year. 29 single family homes closed in Wesley Chapel in 2010. The highest priced single family home sale was $710,490. Median days on the market jumped in 2010. The median list to sale ratio in 2010 was 97% for single family homes .
