The Wesley Chapel Real Estate Market Report for November 2017
According to the new data released by the Greater Tampa Association of REALTORS®, the Wesley Chapel, Florida Real Estate Market is showing signs that 2017 is going to be even more aggressive than 2016.
This is the first time in several months that we have seen more homes come on the market than selling. Hopefully, this is an indicator of a much-needed boost to our housing inventory.
Let’s take a look at the October 2017 real estate market numbers for Wesley Chapel, FL:
November 2017 Wesley Chapel Real Estate Statistics
- median listing price of $290,000 for $124 per sq ft.
- median closing price of $249,000
- 945 homes for sale
- 128 homes for rent
- 68 median days on the market
The Wesley Chapel Real Estate Market is Strong
November 2017 is usually one of the slower months for real estate sales in Wesley Chapel as buyers and investors prepare for the spring season, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.
Get an Advantage
How can both buyers and sellers have an advantage in the Wesley Chapel, Florida real estate market? Employ the services of a local Wesley Chapel real estate agent who has vast knowledge and experience of the market.
Find Wesley Chapel Homes for Sale
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These numbers cover all of the neighborhoods in the Wesley Chapel, FL zip codes. All information is deemed reliable but not guaranteed
The above information regarding the “Wesley Chapel Real Estate Statistics” was provided by Relevé Real Estate. We have over 20 years of experience helping people buy, sell, lease and manage properties in the Wesley Chapel area. If you’re thinking of selling or buying, we’d love to share our knowledge and expertise.