The real estate market in Wellington Florida has cooled off a tad, but we’re still experiencing a lack of home inventory at many price points. Wellington is currently experiencing a STABLE MARKET.
Wellington homes sales in January 2014 decreased with only 71 home sales compared to December 2013, which had 100 closed sales. Home sale prices remained strong ranging from $75,000 to $5,600,000. Of the 71 home sales in Wellington 82% were traditional sales, 1% were short sales and 17% were bank owned (REO). Cash buyers are still dominating the real estate market accounting for 51% of the home sales. Conventional home buyers made up 35% of the home sales and FHA home buyers accounted for only 4%.
There are currently 586 homes for sale in Wellington, a increase of 33 homes compared to last month and asking prices range from $75,000 up to $34,750,000. There are 280 homes under contract, which is down 29 homes since December 2013 and these homes had asking prices ranging from $35,000 up to $12,950,000.
Checkout the full Wellington Real Estate Market Overview for January below
- Wellington Florida Homes for Sale | December 2013 Market Report
- Wellington Florida Homes for Sale | November 2013 Market Report
- Wellington Florida Homes for Sale | October 2013 Market Report
- Wellington Florida Homes for Sale | September 2013 Market Report
- Wellington Florida Homes for Sale | August 2013 Market Report
- Wellington Florida Homes for Sale | July 2013 Market Report
- Wellington Florida Homes for Sale | June 2013 Market Report
- Wellington Florida Homes for Sale | May 2013 Market Report
- Wellington Florida Homes for Sale | April 2013 Market Report
- Wellington Florida Homes for Sale | March 2013 Market Report
- Wellington Florida Homes for Sale | February 2013 Market Report
- Wellington Florida Homes for Sale | January 2013 Market Report
- Wellington Florida Homes for Sale | December 2012 Market Report
For the latest market trends visit: Wellington Florida Real Estate Market Reports
WellingtonHomeTeam.com | Contact@WellingtonHomeTeam.com | 561.333.0446
Information deemed reliable, not guaranteed and provided by RMLS on February 15th, 2014
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