Is Wellington Florida a Sellers Market? March 2017
Is Wellington Florida a Seller’s Market? No, based on the current absorption rate Wellington is a Stable Market. However, there are many price ranges and neighborhoods in Wellington that are experiencing a Seller’s Market.
At the moment Olympia is a sellers market along with Grand Isles, but the Equestrian Club and Isles at Wellington are currently experiencing a Buyer’s Market. With that being said not all price points in Olympia are experiencing a seller’s market, there are some luxury estate homes that have been sitting on the market for months even though there are comparables supporting their asking prices. Then there are certain price points in the Isles at Wellington where homes are receiving multiple offers and flying off the market.
Knowing whether a neighborhood and certain price points are a seller’s market, stable market or buyer’s market is imperative when buying or selling your Wellington home. As a buyer, you certainly don’t want to overpay for a home in a buyer’s market and as a seller, you don’t want to underprice your home in a seller’s market.
Real estate is never cut and dry, which is why it’s so important to hire an experienced and knowledgeable Wellington Realtor who can guide you through the buying and selling process.
If you are looking to buy a home in Wellington Florida or the surrounding area feel free to fill out our Online Buyer Questionnaire @ Buying in Wellington Florida and once received we will contact you with a list of available homes for sale in Wellington or in the surrounding area that fits your needs.
If you are thinking about selling your Wellington Florida home and what to know how much your Wellington home is worth fill out our Online Seller Questionnaire @ Selling in Wellington Florida. Once your information is received we will prepare a customized evaluation for your Wellington home. We will also share just some of the marketing we do to obtain top dollar for all of our Wellington Florida listings.
Contact Realtor Michelle Gibson. @ 561-333-0446 or [email protected] for all your Wellington Florida Real Estate needs.
Michelle Gibson of the Hansen Real Estate Group Inc is a full-time REALTOR who has been specializing in Wellington Florida real estate since 2001. This veteran of the real estate industry has expertise in technology, marketing, and social media.