Wellington FL Real Estate: February 2011 Home Sales Market Report
Home Sales in Wellington Florida have increased by 2% since January 2011 and homes for sale in Wellington FL are continuing to go under contract.
Cash sales are still king in the Wellington FL real estate market and made up an amazing 56% of Wellington FL home sales in January 2011. While other Wellington home buyer buyers obtained financing. 30% of buyers obtained conventional financing and FHA buyers made up 12% of the sales.
Since January 2011 Cash Buyers in Wellington Florida are UP +8%, Conventional buyers are DOWN -5% and FHA buyers are DOWN -3%.
Since January 2011 Traditional Sales in Wellington Florida are UP +10%, Short Sales are DOWN -5% and Bank Owned Sales are also DOWN -5%.
66 properties Sold in January 2011
50 Single Family Homes, 12 Townhomes and 4 Condos
Single Family Home Sales range from $75,000 up to $1,375,000
Townhome Sales range from $60,000 up to $585,000
Condo Sales range from $53,000 up to $200,000
December 2010 Market Report
January 2011 Market Report
If you are looking to buy a home for sale in Wellington Florida it is imperative that you hire a REALTOR® who knows the market and how to put together a winning offer. As an experienced REALTOR® selling homes throughout Wellington Florida I will be more than happy to discuss your real estate needs with you.
If you are thinking about BUYING, SELLING or RENTING in Wellington Florida contact me today!
Wellington FL Real Estate: February 2011 Market Report
Information deemed reliable, but not guaranteed. Provided by RMLS March 10, 2011
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.