The Isles at Wellington FL Real Estate Market Trends 2002-2011

The Isles at Wellington is a gorgeous guard gated single family and estate home community in Wellington Florida.  Throughout 1999 up until 2003 Kenco Communities, Rutenberg Homes & Lennar Homes constructed 758 single family and estate homes.

Like many of the other communities throughout Wellington Florida property value increased at a rapid rate in the Isles at Wellington and reached it’s peak in 2005 with a median sales price of $640,000.  Since 2006 property value in the Isles at Wellington has been decreasing, but homes continue to sell.  As a matter of fact as of February 2012 The Isles at Wellington is a SELLER’S MARKET, which means there are more home buyers than homes for sale in The Isles at Wellington.

The Isles at Wellington 2002 to 2011 Market Trends

The above graph displays The Isles at Wellington home sales for 2002 to 2011.  The dark purple shows the number of homes sold while the light purple shows the median home sales price for that particular year.  You will notice an increase in the median sales price in 2010, which could most likely be contributed to the First Time Home Buyer Tax credit that was offered in 2009 & 2010 and in my opinion re-engized the real estate market.

As of today, there are only nine homes for sale in The Isles at Wellington starting at $319,900 up to $929,000.

If you are looking to buy or sell in The Isles at Wellington – Wellington Florida contact me today!

Information provided by RMLS on February 28, 2012 and deemed reliable, but not guaranteed

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Michelle Gibson Wellington Florida REALTORMichelle 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.

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If you are thinking about buying, selling, or renting your home, townhome, condo, or other Real Estate in the following areas; Wellington, Lake Worth, Royal Palm Beach, Boynton Beach, Greenacres, Loxahatchee, Royal Palm Beach, Lake Clarke Shores, West Palm Beach, Palm Beach Gardens, or Jupiter there are thousands of Realtors to choose from.

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