Wellington FL Real Estate: October 2010 Home Sales Market Report
Home Sales in Wellington Florida have increased by 15% since September 2010 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, but Conventional sales are catching up. 43% of Wellington FL home buyers paid cash for their home in October 2010 and 37% of buyers obtained conventional financing. While FHA buyer’s still remain one of the least common types of financing at 19%.
Since September 2010 Cash buyers in Wellington Florida are DOWN 4%, Conventional buyers are UP 4% and FHA buyers arethe SAME.
Since September 2010 Traditional Sales in Wellington Florida are UP 14%, Short Sales are DOWN 2% and Bank Owned Sales are also DOWN 12%.
68 properties Sold in October 2010
57 Single Family Homes, 9 Townhomes and 2 Condos
Single Family Home Sales range from $126,804 up to $2,800,000
Townhome Sales range from $51,400 up to $175,000
Condo Sales range from $72,750 up to $155,000
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.
Wellington FL Real Estate: October 2010 Home Sales Market Report
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.