Quantcast

Old North News

Saturday, November 16, 2024

Home prices decreased in Wesley Chapel during the third quarter of 2020

Re 5

The median sale price of a home sold in the third quarter of 2020 in Wesley Chapel fell by $12,500 while total sales decreased by 47.1%, according to BlockShopper.com.

From July through September of 2020, there were 18 homes sold, with a median sale price of $427,500 - a 2.8% decrease over the $440,000 median sale price for the same period of the previous year. There were 34 homes sold in Wesley Chapel in the third quarter of 2019.

The median sales tax in Wesley Chapel for the most recent year with available data, 2019, was $2,590, approximately 0.6% of the median home sale price for the third quarter of 2020.

The following table compares Wesley Chapel to other Union County cities with similar median sale prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Weddington2348-52.1%$786,000$637,50023.3%
Marvin2137-43.2%$735,000$675,5008.8%
Fairview5366.7%$510,000$189,000169.8%
Matthews610-40%$455,000$268,50069.5%
Waxhaw117203-42.4%$445,000$425,0004.7%
Wesley Chapel1834-47.1%$427,500$440,000-2.8%
Mineral Springs210-80%$355,000$227,50056%
Stallings3064-53.1%$307,500$282,2508.9%
Indian Trail72169-57.4%$288,500$260,00011%
Unionville511-54.5%$255,500$312,500-18.2%
Lake Park316-81.3%$240,000$235,0002.1%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS