Westchase is a tight-knit community centrally located between Pinellas and Hillsborough Counties. Known for excellent property values and schools, Westchase and the other neighborhoods in Northwest Hillsborough County have seen an influx of people relocating to Tampa Bay from out-of-state and others moving into the area from different parts of the region.
Last Year, 767 homes sold in the Westchase zip code, 33626, that’s an average of 63 homes per month. And, since 2016, real estate values rose 9% in Westchase, and real estate experts expect that trend to continue.
Tampa Bay’s largest independent real estate brokerage firm will open their fourth brokerage location in this community to meet the increasing real estate demand of the area on Wednesday, April 18, 2018.
Bob Glaser CEO, Smith & Associates Real Estate, built his company’s billion-dollar brand by offering exceptional customer service and market knowledge and says, “When we decided to introduce Smith & Associates Real Estate’s brand into Northwest Hillsborough County we knew it was a smart strategic move for us to acquire The Wood Team, an already well-established real estate team serving that area. The Wood Team’s tenure and success will help us establish deep roots into previously uncharted territories, and it’ll help us recruit the talent we need to expand.”
Doug and Nancy Wood lead the Wood Team, and they believe Smith & Associates Real Estate’s customer-centric brand is a perfect fit for Westchase and the surrounding communities. “We fell in love with Westchase and the surrounding area when we moved from an Atlanta, Georgia suburb in 2003. This community is such a welcoming and vibrant place to live that it attracts people from all over the world; appealing to all demographics, whether young professionals, retirees, or anyone in between. We see tremendous growth potential in Westchase, Odessa, Oldsmar, and Lutz, and we know that Smith & Associates Real Estate’s exemplary customer service and love of community will resonate with buyers and sellers in these communities,” said Nancy Wood.
The average home sale in Westchase was about $173 per square foot, with an average of 2,316 square feet selling for $400,426. With lower average days on the market, there is a strong signal that buyers are ready to purchase, particularly in the more affordable price points and in the highly desirable pedestrian-friendly areas that are close to the epicenter of Westchase’s shops and restaurants. For example, single-family homes in the neighborhoods close to West Park Village Westchase averaged between 29 and 33 days on the market, signaling a strong seller’s market.
Glaser believes the demand for homes in Westchase and surrounding neighborhoods will continue to grow. “The greater Westchase area offers a wide range of home choices and price points starting from townhomes in the $150’s to estate homes with acreage in the multi-million dollar range. The area is particularly appealing as a multigenerational community because there are options for the extended family and their needs with its variety of amenities, and dining and shopping options as well as a very low crime rate.”
Smith & Associates Real Estate Westchase office is located at 10714 Countryway Boulevard, Tampa, FL 33626. To contact the office call (813) 570-7777.