Wesley Chapel May 2021 Market Update

Hey Wesley Chapel, are you ready for your real estate market update?
I'm Tami Savage with eXp Realty. What an exciting time in the real estate market.
As you've probably heard by now, we have a super hot market.
Homes are flying off the shelf, bidding wars and multiple offers are giving sellers more leverage than ever before.
Buyers are doing things like removing all of the contingencies, upping their deposits, giving insane rent backs to the seller, and not asking for any repairs.
They are doing whatever it takes to get into these homes.
So let's take a look at what's happening so far this month.
The average days on the market for Wesley Chapel is 17, while our median is only four, and the national average is 21.
The average list price for a home in Wesley Chapel is $362,228 which is considerably less
from last month at $346,229 which is approximately 4.6% increase.
The average selling price is $335,297 which is about 7.4% below list price.
As you can see, the Wesley Chapel market is on fire, and buyers are in need of properties.
If you're looking to get the most return on your investment and more money in your
pocket with less hassle, then there's never been a better time.
I'm Tami Savage with eXp Realty, your key to a new lifestyle.
Thanks so much for watching and have a great day!