January 30, 2018

December 2017 Wesley Chapel Florida Real Estate Market Conditions

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During the month of December, 2017 the average home for sale in Wesley Chapel, FL sold for $194,359. Home prices continue to rise, during December there was an increase of over 5% since 2015 and could rise another 2.8% during 2017. The number of delinquent mortgages in Wesley Chapel, FL is down by 0.1%. Since the peak of the housing market in 2007, Wesley Chapel home values having fallen by more than 20%. Many homeowners now owe more on their mortgages then their home is worth. The percent of Wesley Chapel, homeowners underwater on their mortgage is 0.2%.

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